^mm 


- 


■■-■■'* :. v*'£  ^■"•:'\" 


up 


&. 


DOCUMENTS 
DEPT. 


U0CUMEH1* 
OEPT. 


rx 


UNIFORM 
SYSTEM  OF  ACCOUNTS 


FOR 


GAS  CORPORATIONS 

AS  PRESCRIBED  BY  THE 

PUBLIC  SERVICE  COMMISSION 
For  the  First  District 
State  of  New  York 


New  York  City 
1908 


Form  2461  1  M-D'13(T) 


STATE  OF  NEW  YORK 

PUBLIC   SERVICE   COMMISSION 

FOR  THE  FIRST  DISTRICT 


UNIFORM 
SYSTEM  OF  ACCOUNTS 

PRESCRIBED  FOB 

GAS  CORPORATIONS 


154  Nassau  Street 

New  York  City 

1908 


*'*$ 

&& 


.&'".«!• 


^ 


:•.  •    *  ■, 


At  a  session  of  the  Public  Service  Commission 
for  the  First  District,  State  of  New  York, 
held  at  its  office,  154  Nassau  Street,  in  the 
City  of  New  York,  on  the  8th  day  of  Decem- 
ber, 1908. 


Present  : 

William  R.  Willcox,  Chairman; 
William  McCarroll, 
Edward  M.  Bassett, 
Milo  R.  Maltbie, 
John  E.  Eustis, 


Commissioners. 


The  Public  Service  Commission  for  the  First  District,  being 
authorized  by  Section  66  of  the  Public  Service  Commissions 
Law,  to  prescribe,  whenever  it  deems  advisable,  uniform  methods 
of  keeping  accounts  for  gas  corporations  subject  to  its  jurisdic- 
tion, and  it  appearing  advisable  at  this  time  to  establish  a  uniform 
system  of  accounts  for  all  such  gas  corporations,  it  is  hereby 

Ordered:   That,  except  as  hereinafter  provided: 

1.  On  and  after  January  1,  1909,  every  gas  corporation  shall 
keep  upon  its  books  the  accounts  prescribed  or  defined  in  the 
hereto  annexed  schedules,  marked  "Schedule  A"  and  "Schedule 
B,"  so  far  as  the  said  accounts  are  pertinent  to  the  facts  and 
circumstances  of  the  said  corporation. 

2.  No  such  gas  corporation  shall  hereafter  charge  to  any 
account  representing  cost  of  property  any  discount  or  commis- 
sion on  securities  issued  by  the  said  corporation,  but  shall  charge 
all  such  discounts,  commissions,  and  other  expense  connected 
with  the  issue  of  securities  subsequent  hereto,  in  accordance  with 
the  directions  contained  in  the  definitions  of  the  account  named 
Organization,  and  the  account  named  Unamortized  Debt  Dis- 
count and  Expense,  in  the  said  "Schedule  A." 

3.  During  the  year  beginning  January  1,  1909,  any  said  cor- 
poration may  for  purposes  of  comparison  with  prior  years  keep 
on  its  books  any  account  pertaining  to  revenues,  revenue  deduc- 
tions, income  deductions,  and  appropriations  (as  defined  in  the 
said  "Schedule  B")  which  it  had  on  its  books  during  the  year 
begun  January  1,  1908;  provided,  that  on  or  before  January  1. 
1909,  there  be  filed  with  the  Public  Service  Commission  a  state- 


OC^ili*! 


4  Public  Service  Commission — First  District 

ment  containing  a  list  of  the  said  accounts  pertaining  to  the  year 
begun  January  1,  1908,  and  definitions  of  such  accounts. 

4.  For  purposes  of  improving  the  efficiency  of  administra- 
tion and  operation,  any  corporation  may,  unless  or  until  other- 
wise ordered,  keep  upon  its  books  any  temporary  or  experi- 
mental accounts  and  any  accounts  covering  particular  divisions 
of  its  operations,  provided  that  in  respect  of  each  such  temporary, 
experimental,  or  divisional  account,  the  said  corporation  shall 
file  with  the  Public  Service  Commission,  at  least  ten  days  in 
advance  of  the  time  when  the  said  account  is  to  be  instituted, 
a  statement  showing  the  name  of  the  said  account,  the  date  when 
it  is  to  be  instituted,  the  purpose  for  which  it  is  to  be  kept,  the 
period  of  time  during  which  it  is  to  be  kept,  and  a  clear  and 
accurate  definition  of  the  classes  of  items  and  facts  to  be  con- 
tained in  the  said  account;  and  in  case  of  a  divisional  account, 
the  definition  of  the  division  covered.  Upon  compliance  with 
the  provisions  of  this  paragraph,  any  account  prescribed  or 
defined  in  either  said  "Schedule  A"  or  said  "Schedule  B"  may 
be  subdivided. 


SCHEDULE  A. 


BALANCE  SHEET  OR  INDICANT  ACCOUNTS. 

1.  Gas  Corporations  and  Gas  Operations  defined. — Section  2  of  the 
Public  Service  Commissions  Law  defines  gas  corporations  as  follows: 

Sec.  2.  .  .  .  The  term  "gas  corporation"  .  .  .  includes  every  cor- 
poration, company,  association,  joint  stock  association,  partnership  and  person, 
their  lessees,  trustees  or  receivers  appointed  hy  any  court  whatsoever,  owning, 
operating,  managing  or  controlling  any  plant  or  property  for  manufacturing 
and  distributing  and  selling  for  distribution  or  distributing  illuminating  gas 
(natural  or  manufactured)    for  light,   heat  or  power. 

Gas  operations,  as  the  term  is  hereinafter  used,  include  all  acts  and 
transactions  directly  connected  with  the  operation  of  a  plant  for  the 
production  of  gas  (whether  natural  or  manufactured),  the  transmission 
thereof  and  the  supply  thereof  to  consumers  for  light,  heat,  or  power, 
and  all  operations  incident  thereto,  including  the  collection  of  revenues 
therefor  and  the  disposition  of  byproducts  produced  in  connection 
therewith. 

2.  Accounts  to  be  kept  by  double-entry  method. — All  accounts  kept 
by  any  corporation  or  person  within  the  scope  of  the  present  order  shall 
on  and  after  January  1,  1909,  be  kept  by  the  double-entry  method. 

Note. — This   requirement   is    not    intended   to   apply   to    purely   statistical    accounts. 
CAPITAL  ACCOUNTS.     [Paragraphs  3-26.] 

3.  Capital  defined. —  As  the  term  is  used  herein,  by  capital  of  a  cor- 
poration is  meant  all  property  devoted  to  the  rendering  of  the  services 
or  the  production  of  the  commodities  which  are  within  the  purposes  of 
the  corporation. 

4.  Fixed  Capital  defined. — Capital  which  has  an  expectation  of  life  in 
service  of  more  than  one  year  (exception  being  made  of  hand  and 
other  small  portable  tools  liable  to  be  lost  or  stolen1)  is  called  fixed 
capital 

5.  Floating  Capital  defined.— Capital  other  than  fixed  capital  is  called 
floating  capital. 

6.  General  Capital  and  Departmental  Capital  defined. — Fixed  capital 
is  divisible  into  general  capital  and  department  capital,  general  capital 
being  that  which  is  indiscriminately  available  for  the  uses  of  two  or 
more  classes  of  operations,  while  departmental  capital  is  that  assigned 
solely  or  principally  to  a  single  class  of  operations. 


1  Hand  and  other  small  portable  tools  liable  to  be  lost  or  stolen  shall,  when 
first  acquired  and  before  issued  for  use,  be  carried  in  a  suitable  Materials  and 
Supplies  account;  when  issued  they  shall  be  charged  to  the  appropriate  expense 
account.  Portable  tools  and  apparatus  of  special  value  may,  however,  be  charged 
to  the  appropriate  tangible  capital  account,  and  remain  therein  so  long  as 
record  is  kept  of  the  persons  to  whom  such  tools  and  apparatus  are  issued  and 
such  persons  are  made  responsible  therefor. 


6  Public  Service  Commission — First  District 

7.  Landed  Capital  and  Non-landed  Capital  defined. — Fixed  Capital 
is  also  divisible  into  landed  capital  and  non-landed  capital.  Landed 
capital  includes  all  interests  in  land  (exclusive  of  improvements  there- 
on) the  term  of  which  is  more  than  one  year.  All  other  fixed  capital 
is  herein  called  non-landed  capital. 

8.  Intangible  and  Tangible  Capital  distinguished. — Non-landed  capi- 
tal is  divisible  into  intangible  and  tangible.  Intangible  capital  com- 
prises organization,  franchises,  patent-rights,  and  all  other  intangible 
property  within  the  definition  of  fixed  non-landed  capital  as  above  stated. 
Tangible  capital  comprises  structures  and  equipment  having  an  expecta- 
tion of  life  in  service  of  more  than  one  year.  Because  of  their  liability 
to  loss  or  theft,  hand  and  other  small  portable  tools  are  excepted  from 
tangible  capital,  and  the  cost  of  such  tools  when  issued  is  required  to 
be  treated  as  a  part  of  the  operating  expenses.1 

9.  Further  Classification  of  Capital. — Capital  is  also  divisible  Into 
original  capital,  additions,  betterments,  and  renewals  and  replacements, 
as  defined  below.  Charges  to  capital  accounts  shall  show  these  divisions 
as  set  forth  in  paragraph  21,  infra. 

10.  Original  Capital  defined.— Original  capital  is  that  put  into  service 
at  the  outset  of  an  enterprise. 

11.  Additions  defined.— A dditions  include  additional  structures,  facil- 
ities, or  equipment  not  taking  the  place  of  anything  previously  ex- 
isting. 

12.  Betterments  defined.— Betterments  include  the  enlargement  or  im- 
provement of  existing  structures,  facilities,  and  equipment. 

13.  Renewals  defined. — Renewals  include  all  extensions  of  terms  of 
years  in  land  and  tangible  fixed  capital,  and  all  extensions  of  the  life 
period  of  franchises  and  other  intangible  fixed  capital. 

14.  Replacements  defined.-  Replacements  include  all  substitutions  for 
capital  exhausted  or  become  inadequate  in  service,  the  substitutes  hav- 
ing substantially  no  greater  capacity  than  the  things  for  which  they 
were  substituted.  When  a  substitute  has  a  substantially  greater  ca- 
pacity than  that  for  which  it  was  substituted,  the  cost  of  substitution 
of  one  of  the  same  capacity  as  the  thing  replaced  should  be  charged  as 
a  replacement,  and  the  remaining  portion  of  the  cost  of  the  actual  sub- 
stitute should  be  charged  as  a  betterment. 

15.  Repairs  defined. — When  through  wear  and  tear  or  through  caj- 
ualty  it  becomes  necessary  to  replace  some  part  of  any  structure,  facility, 
or  unit  of  equipment,  and  the  extent  of  such  replacement  does  not 
amount  to  a  substantial  change  of  identity  in  such  structure,  facility,  or 
unit  of  equipment,  the  replacement  of  such  part  is  to  be  considered  a 
repair,  and  the  cost  of  such  repair  is  to  be  treated  as  an  operating  ex- 


1  Hand  and  other  small  portable  tools  liable  to  be  lost  or  stolen  shall,  when 
first  acquired  and  before  issued  for  use,  be  carried  in  a  suitable  Materials  and 
Supplies  account;  when  issued  they  shall  be  charged  to  the  appropriate  expense 
account.  Portable  tools  and  apparatus  of  special  value  may,  however,  be  charged 
to  the  appropriate  tangible  capital  account,  and  remain  therein  so  long  as 
record  is  kept  of  the  persons  to  whom  such  tools  and  apparatus  are  issued  and 
such  persons   are  made  responsible  therefor. 


Uniform  Accounts — Gas  Corporations  7 

pense  and    must  not  be    charged    as  a  replacement    in    any  capital    ac- 
count. 

16.  First  entries  must  enable  Identification. — Throughout  all  capital 
accounts,  the  first  entry  in  respect  of  any  particular  thing  shall  de- 
scribe it  with  such  particularity  as  to  enable  its  identification,  and 
shall  give  it  a  distinguishing  name,  number,  or  other  designation  by 
which  it  shall  thereafter  be  designated  in  every  entry  in  any  capital 
account  which  in  any  way  concerns  it.  In  the  case  of  continuous 
structures  like  railroad  track,  or  electric  line,  or  pipe  line,  such  struc- 
tures shall  be  itemized  to  the  extent  that  no  item  shall  contain  more 
than  one  operating  division  or  more  than  one  type  of  construction,  and 
the  first  entry  in  relation  to  any  item  shall  describe  the  size,  weight, 
type,  and  other  principal  physical  characteristics  of  the  chief  constituent 
parts,  together  with  their  spacing  if  discontinuous. 

17.  Costs  of  new  capital  to  be  actual  money  costs. — All  charges 
made  to  capital  or  other  accounts  on  or  after  January  1,  1909,  shall  be 
the  actual  money  cost  of  the  things  in  respect  of  which  they  are  made. 
When  the  consideration  actually  given  for  the  thing  in  respect  of  which 
a  charge  to  a  capital  account  is  made  is  anything  other  than  money, 
the  actual  consideration  shall  be  described  in  the  entry  with  sufficient 
fullness  and  particularity  to  identify  it,  and  the  amount  charged  shall 
be  the  actual  money  value  of  such  consideration  at  the  time  of  the 
transaction. 

18.  Discounts  upon  securities  not  to  be  charged  to  capital  accounts. — 
Discounts  upon  securities  and  other  commercial  paper  issued  in  pay- 
ment for  capital  are  to  be  provided  for  in  other  accounts  and  must  in 
no  case  be  charged  to  the  capital  accounts. 

19.  Costs  of  labor,  materials,  and  supplies.— Cost  of  labor  (employed 
in  construction)  includes  not  only  wages,  salaries,  and  fees  paid  em- 
ployees, but  also  such  personal  expenses  of  employees  as  are  borne  by 
the  corporation.  Cost  of  Materials  and  supplies  consumed  in  construc- 
tion is  the  cost  at  the  places  where  they  enter  into  construction,  includ- 
ing cost  of  transportation  and  inspection  when  specifically  assignable. 
If  such  materials  and  supplies  are  passed  through  storehouses,  their 
cost  entered  in  the  account  may  include  a  suitable  proportion  of  store 
expense. 

20.  Withdrawals  or  retirements. — When  anything  is  withdrawn  or 
retired  from  service,  the  amount  at  which  such  thing  stood  charged  in 
the  capital  account  shall  be  credited  to  the  capital  account  in  which  it 
stood  charged  at  the  time  of  withdrawal,  and  the  entry  of  such  credit 
shall  cite  by  name  and  page  of  book  or  other  record  the  original  entry 
of  cost  of  the  thing  withdrawn.  If  there  is  no  such  original  entry,  that 
fact  shall  be  stated  in  connection  with  the  credit  entry,  and  the  actual 
amount  originally  charged  shall  be  credited.  If  such  amount  is  not 
known,  it  shall  be  estimated,  the  facts  upon  which  the  estimate  is  based 
shall  be  shown,  and  the  amount  thus  estimated  to  be  the  original  charge 
in  respect  of  such  thing  withdrawn  shall  be  credited. 

21.  Particulars  required  to  be  shown  In  entries. — Every  charge  made 
to  a  capital  account  on  or  after  January  1,  1909,  shall  show  whether 


8  Public  Service  Commission — First  District 

the  thing  in  respect  of  which  the  charge  is  made  is  original  capital,  or 
an  addition,  a  betterment,  a  renewal,  or  a  replacement.  If  the  thing  is 
a  betterment,  the  entry  shall  designate  the  thing  enlarged  or  improved 
and  shall  cite  by  name  and  page  of  book  or  other  record  the  original 
entry  of  cost  of  such  thing  enlarged  or  improved.  If  the  thing  to  which 
any  charge  hereafter  made  relates  is  a  renewal  or  a  replacement,  the 
entry  made  in  respect  thereof  shall  designate  the  thing  renewed  or 
replaced  and  shall  cite  by  name  and  page  of  book  or  other  record  the 
original  entry  or  entries  of  cost  of  such  thing  renewed  or  replaced.  If 
there  is  no  entry  in  the  accounts  of  the  corporation  showing  the  cost 
(to  the  corporation)  of  the  thing  bettered,  renewed,  or  replaced,  that 
fact  shall  be  stated  in  the  entry  describing  the  betterment,  renewal,  or 
replacement,  and  the  original  cost  of  such  thing  to  the  corporation 
shall  be  stated.  Such  cost  shall  be  estimated  if  not  known,  and  when 
estimated  the  basis  of  such  estimation  shall  be  shown. 

22.  Betterments  involving  partial  destruction  of  thing  bettered. — II 

any  betterment  involves  the  partial  destruction  or  partial  reconstruction 
of  the  thing  bettered,  only  such  portion  of  the  cost  of  the  change  shall 
be  charged  as  a  betterment  as  will  when  added  to  the  original  cost 
(estimated  if  not  known)  of  the  thing  bettered  give  the  cost  of  recon- 
struction or  replacement  of  the  thing  as  bettered,  and  the  remainder  of 
the  cost  of  the  change  (account  being  taken  of  any  salvage)  shall  be 
charged  to  the  appropriate  repair  account. 

/.'.  g.,  a  building,  original  cost  unknown  but  estimated  to  be  $15,000,  ii 
bettered  by  the  construction  of  an  elevator  shaft,  and  its  stairways  are  modified 
so  as  to  be  fireproof;  the  actual  expenditure  for  these  changes  is  $3,000;  th« 
estimated  cost  of  replacement  of  the  building  (as  modified)  with  one  equally 
serviceable  and  with  an  equal  expectation  of  life  is  $16,000;  the  charge  to 
capital  account  as  a  betterment  should  be  $1,000,  and  the  remainder  ($2,000) 
of  the  expenditure  should  be  charged  to  the  appropriate  repairs  account. 

23.  Plant  and  equipment  and  other  capital  purchased. — When  any 
fixed  capital  in  the  form  of  a  going  or  completed  plant  is  purchased,  an 
appraisal  of  such  capital  so  acquired  shall  be  made,  and  the  different 
constituent  elements  of  the  plant  (and  equipment,  if  any)  or  other 
capital  acquired  shall  be  appraised  at  their  structural  value;  that  is  to 
say,  at  the  estimated  cost  of  replacement  or  reproduction  less  deteriora- 
tion to  the  then  existing  condition  through  wear  and  tear,  obsolescence, 
and  inadequacy.  If  the  actual  money  value  of  the  consideration  given 
for  the  plant  or  other  capital  was  at  the  time  of  the  acquisition  in  excess 
of  such  appraised  value,  the  excess  shall  be  charged  to  the  account 
"Other  Intangible  Gas  Capital,"  and  the  appraised  values  of  the  constituent 
elements  shall  be  charged  to  the  appropriate  accounts  as  designated  in 
the  following  definitions  of  accounts  for  fixed  capital.  If  the  actual 
money  value  of  the  consideration  given  was  not  in  excess  of  such 
appraised  value,  such  actual  money  value  shall  be  distributed  through 
the  said  accounts  in  proportion  to  the  said  appraised  value  of  the  con- 
stituent elements  appropriate  to  the  respective  accounts.  Full  report  of 
the  contract  of  acquisition,  the  consideration  given  therefor,  the  deter- 
mination of  the  actual  money  value  of  such  consideration,  the  appraisal, 
and  the  amounts  charged  to  the  respective  accounts  for  each  plant  or 
other  such  fixed  capital  purchased,  will  be  required  to  be  made  to  the 


Uniform  Accounts — Gas  Corporations  9 

Public  Service  Commission,  and  the  purchaser  will  be  required  to  procure 
in  connection  with  the  acquisition  of  any  such  plant  or  other  fixed  capital 
all  existing  records,  memoranda,  and  accounts  in  the  possession  or  con- 
trol of  the  grantor  relating  to  the  construction  and  improvement  of  such 
plant,  and  to  preserve  such  records,  memoranda,  and  accounts  until  author- 
ized by  law  to  destroy  or  otherwise  dispose  of  them. 

24.  Definitions  of  Fixed  Capital  accounts. — In  the  following  defini- 
tions of  accounts  the  letters  and  numbers  prefixed  to  the  titles  are  in- 
serted solely  for  convenience  of  reference  and  are  no  part  of  the  titles 
or  of  the  definitions: 

(G100.)     Fixed  Capital,  December  31,  1908. 

Charge  to  this  account  all  the  Fixed  Capital  of  the  accounting  person 
or  corporation  devoted  to  gas  operations  as  such  capital  stood  at  the 
close  of  December  31,  1908.  Such  charges  shall  be  made  at  the  figures 
at  which  such  capital  was  carried  on  the  books  of  the  said  person  or 
corporation  on  that  date.  When  any  capital  included  in  such  account 
is  retired  from  service,  the  amount  at  which  it  is  charged  therein  shall 
be  credited  to  this  account;  the  amount  of  depreciation  or  other  amorti- 
zation thereon  applicable  to  the  period  subsequent  to  December  31,  1908. 
shall  be  charged  to  the  account  (No.  374),  "Accrued  Amortization  of 
Capital,"  proper  account  shall  be  taken  of  any  salvage,  and  the  remain- 
der of  the  amount  originally  charged  to  capital  shall  be  concurrently 
charged  to  the  Corporate  Surplus  or  Deficit  account  (or  equivalent  ac- 
count carried  on  the  books  on  December  31,  1908),  unless  there  was 
carried  on  the  books  at  that  date  a  reserve  to  cover  retirement  of 
capital  from  service,  in  which  case  the  said  concurrent  charge  shall  be 
made  to  such  retirement  reserve  account.  If  the  amount  at  which  the 
said  capital  in  service  on  December  31,  1908,  and  subsequently  retired 
from  service,  was  included  in  the  said  account  is  not  disclosed  on  the 
books  and  records  of  the  accounting  person  or  corporation  and  is  not 
within  the  knowledge  of  such  person  or  corporation  or  officers  or  other 
employees  thereof,  it  shall  be  estimated,  and  such  estimated  amount 
shall  be  treated  as  is  above  directed  for  the  actual  amount,  the  fact  of 
estimation  being  stated  in  the  entry. 

Note. — Corporations  will  be  required  to  carry  as  sub-accounts  of  the  account 
"Fixed  Capital,  December  31,  1908,"  the  several  accounts  on  their  books  on 
that  date  which  are  combined  to  make  up  the  said  account,  and  to  furnish 
information   concerning   such    sub-accounts    in   their   annual    reports. 

The  following  capital  accounts  are  prescribed  for  transactions  sub- 
sequent to  December  31,  1908: 

(G110.)    Land  Devoted  to  Gas  Operations. 

Charge  to  this  account  the  cost  of  the  accounting  corporation's  landed 
capital  which  is  devoted  to  gas  operations  as  hereinbefore  defined.  This 
includes  land  occupied  by  gas  works  and  their  appurtenances  and  rights 
of  way  for  transmission  and  distribution  lines  and  other  pipe  lines, 
where  such  rights  have  lives  in  excess  of  one  year  from  the  date  when 


10  Public  Service  Commission — First  District 

such  land  is  placed  in  service.  Such  cost  includes,  when  assumed  or 
paid  by  the  purchaser  in  its  own  behalf,  cost  of  registration  of  title, 
cost  of  examination  of  title,  conveyancer's  and  notary's  fees,  purchas- 
ing agent's  commissions  or  fees,  or  proportion  of  purchasing  agent's 
salary,  taxes  accrued  to  date  of  transfer  of  title,  and  all  liens  upon  the 
title  acquired;  also  costs  of  obtaining  consents  and  payments  for  abut- 
ting damages. 

Note  A. — Cost  of  buildings  and  other  improvements  must  not  be  included  in 
this    account. 

Note  B. — If  at  the  time  of  acquisition  of  an  interest  in  lands  it  extends  to 
buildings  or  other  improvements  thereon,  which  improvements  are  devoted  by 
the  corporation  to  its  gas  operations,  and  the  contract  of  acquisition  does  not 
determine  the  price  of  such  improvements,  they  shall  be  appraised  at  their 
fair  cash  value  for  use  in  such  operations,  and  such  appraised  value  shall  be 
charged  to  the  appropriate  structures  account,  and  excluded  from  the  account 
"Land  Devoted  to  Gas  Operations."  If  such  improvements  are  not  devoted  to 
gas  operations  but  are  devoted  to  other  operations  or  held  as  investments,  the 
cost  (or  appraised  value  if  the  cost  is  not  determined  in  the  contract  of  acqui- 
sition) shall  be  charged  to  the  appropriate  investment  account  or  capital  account 
for  other  operations.  If  the  improvements  are  removed  or  wrecked,  the  salvage 
(less  the  cost  of  removal  or  wreckage)  shall  be  excluded  from  the  account  "Land 
Devoted  to  Gas  Operations."  The  entries  in  this  account  must  be  made  in  such 
wise  as  to  enable  the  corporation  to  show  in  its  annual  report  to  the  Public 
Service  Commission  the  subdivision  of  the  cost  of  its  land  devoted  to  gas  opera- 
tions into  the  following: 

Land  Occupied  by  Gas  Works. 

Land  Occupied  by  Outside  Holder  Stations. 

Water  Rights. 

Other  Land  Devoted  to  Gas  Operations. 

(101.)     Organization. 

Charge  to  this  account  all  fees  paid  to  governments  for  the  privilege 
of  incorporation,  and  all  office  and  other  expenditure  incident  to  organ- 
izing the  corporation  or  other  enterprise  and  putting  it  in  readiness  to 
do  business.  This  includes  cost  of  preparing  and  distributing  prospectuses, 
cost  of  soliciting  subscriptions  for  stock  (but  not  for  loans  nor  for  the 
purchase  of  bonds  or  other  evidences  of  indebtedness),  cash  fees  paid 
to  promoters,  and  the  actual  cash  value  at  the  time  of  organization  of 
securities  paid  to  promoters  for  their  services  in  organizing  the  enterprise, 
counsel  fees,  cost  of  preparing  and  issuing  certificates  of  stock,  and  cost 
of  procuring  certificates  of  necessity  from  state  authorities,  and  other 
like  costs.  Like  costs  incident  to  preparing  and  filing  certificates  of 
authorization  of  increase  of  capital  stock,  and  to  the  negotiation  and  issue 
of  stock  thereunder,  shall  be  classed  as  additions.  Cost  of  preparing 
and  filing  certificates  of  amendment  of  articles  of  incorporation  shall 
be  classed  as  a  betterment.  Cost  of  preparing  and  filing  papers  in  con- 
nection with  the  extension  of  the  term  of  incorporation  or  with  reincor- 
poration consequent  upon  reorganization  shall  be  classed  as  a  renewal. 
This  account  shall  not  include  any  discounts  upon  stocks  or  other  secur- 
ities issued,  nor  shall  it  include  any  costs  incident  to  negotiating  loans  or 
selling  bonds  or  other  evidence  of  indebtedness. 


Uniform  Accounts — Gas  Corporations  11 

(G102.)     Franchises  (Gas). 

To  this  account  shall  be  charged  "the  amount  (exclusive  of  any  tax 
or  annual  charge)  actually  paid  to  the  State  or  to  a  political  subdi- 
vision thereof  as  the  consideration  for  the  grant  of  such  franchise  or 
right"  (section  69  of  the  Public  Service  Commissions  Law)  as  is  neces- 
sary to  the  conduct  of  the  corporation's  gas  operations.  If  any  such 
franchise  is  acquired  by  mesne  assignment,  the  charge  to  this  account 
in  respect  thereof  must  not  exceed  the  amount  actually  paid  therefor 
by  the  corporation  to  its  assignor,  nor  shall  it  exceed  the  amount  specified 
in  the  statute  above  quoted.  Any  excess  of  the  amount  actually  paid 
by  the  corporation  over  the  amount  specified  in  the  statute  shall  be 
charged  to  the  account  "Other  Intangible  Gas  Capital."  If  any  such 
franchise  has  a  life  of  not  more  than  one  year  after  the  date  when  it 
is  placed  in  service,  it  shall  not  be  charged  to  this  account  but  to  the 
appropriate  accounts  in  "Operating  Expenses,"  and  in  "Prepayments" 
if  extending  beyond  the  fiscal  year. 

Payments  made  to  the  State  or  to  some  subdivision  thereof  as  a 
consideration  for  granting  an  extension  for  more  than  one  year  of  the 
life  period  of  a  franchise  shall  be  classed  as  renewals.  Those  made  as 
a  consideration  for  franchises  or  extensions  thereof  covering  additional 
territory  to  be  operated  as  a  part  of  an  existing  system  shall  be  classed 
as  betterments.  If  the  franchises  cover  separate  and  distinct  new  enter- 
prises, the  payments  therefor  shall  be  classed  as  original. 

Note. — Annual  or  more  frequent  payments  in  respect  of  franchises  must  not 
be  charged  to  this  account  but  to  the  appropriate  tax  or  operating  expense 
account. 

(G103.)     Patent-rights  (Gas). 

Charge  to  this  account  the  cost  of  all  rights  (having  a  life  of  more 
than  one  year  from  the  date  when  placed  in  service)  acquired  by  the 
corporation  in  or  under  valid  patents  granted  by  the  United  States  to 
inventors  for  inventions  and  discoveries  which  are  necessary  to  the 
economical  conduct  of  the  corporation's  gas  operations.  If  any  such 
right  is  extended  to  cover  a  further  period  of  time  than  that  covered 
by  the  original  grant,  the  cost  of  such  extension  shall  be  classed  as 
a  renewal.  A  patent-right  acquired  for  use  in  an  existing  system  and 
necessary  to  the  economical  operation  thereof  shall  be  classed  as  an 
addition. 

(G104.)    Other  Intangible  Gas  Capital. 

Charge  to  this  account  the  cost  of  all  other  property  coming  within 
the  definition  of  intangible  capital  and  devoted  to  gas  operations.  All 
entries  of  charges  to  this  account  shall  describe  the  acquired  property 
with  sufficient  particularity  clearly  to  identify  it,  and  shall  also  show 
specifically  the  principal  from  whom  acquired  and  all  agents  repre- 
senting such  principal  in  the  transaction;  also  the  term  of  life  of  such 
property,  estimated  if  not  known,  and  if  estimated,  the  facts  upon  which 
the  estimate  is  based. 


12  Public  Service  Commission — First  District 

(G121.)     General  Structures. 

Charge  to  this  account  the  cost  of  all  buildings  and  other  structures 
of  a  permanent  character  devoted  to  general  corporate  purposes,  not 
restricted  to  gas  operations  and  not  includible  in  any  of  the  depart- 
mental accounts;  also  of  all  fixtures  permanently  attached  thereto  and 
made  a  part  thereof,  such  as  water  pipes  and  fixtures,  steam  pipes  and 
fixtures  for  warming  and  ventilating,  gas  pipes  and  fixtures  for  light- 
ing, etc.,  electric  wiring  and  fixtures  for  lighting,  signaling,  etc.;  ele- 
vators, etc.,  and  the  engines  and  motors  specially  provided  for  operat- 
ing them;  furnaces,  boilers,  etc.,  specially  provided  for  producing  steam 
for  such  engines  and  for  heating,  electric  generators  specially  provided 
for  producing  current  for  lighting  such  buildings,  etc.  This  account 
includes  such  piers  and  other  foundations  for  machinery  and  apparatus 
as  are  designed  to  be  as  permanent  as  the  buildings  in  (or  in  connection 
with)  which  they  are  constructed,  and  to  outlast  the  first  machinery  or 
apparatus  mounted  thereon. 

Note  A. — Among  such  buildings  may  be  mentioned  general  office  buildings, 
general  shop  buildings,  general  storehouses,  general  stable  buildings,  etc. 
Where  general  offices,  shops,  storehouses,  stables,  etc.,  are  in  buildings  includ- 
ible in  a  departmental  account,  as  e.  g.,  in  a  retort  house,  no  part  of  the 
cost  of  such  building  shall  be  charged  to  this  account.  Thip  account  is  pro- 
vided for  structures  of  a  general  or  miscellaneous  character  not  assignable 
to   any   particular   department. 

Note  B. — When  furnaces  and  boilers  are  used  primarily  for  furnishing  steam 
for  some  particular  department  and  only  incidentally  for  furnishing  steam 
for  heating  a  general  building  and  operating  the  equipment  therein,  the  entire 
cost  of  such  furnaces  and  boilers  shall  be  charged  to  the  appropriate  depart- 
mental capital  account,  and  no  part  to  the  account  "General  Structures." 

Note  C. — The  cost  of  specially  provided  foundations,  not  expected  to  outlast 
the  machinery  or  apparatus  mounted  thereon,  should  be  charged  to  the  same 
account  as  the  cost  of  the  machinery  or  apparatus  for  which  they  are  pro- 
vided. 

(G122.)     General  Equipment. 

Charge  to  this  account  the  cost  of  all  equipment  of  general  structures, 
as  provided  under  the  following  heads: 

a.  General  Office  Equipment:  This  includes  the  cost  of  all  equipment 
of  general  offices,  such  as  desks,  chairs,  tables,  movable  safes,  filing  cases, 
drafting-room  equipment,  and  other  like  office  appliances  and  equipment; 
also  engineering  instruments. 

b.  General  Shop  Equipment:  This  includes  the  cost  of  all  equipment 
specially  provided  for  general  shops,  such  as  furnaces,  boilers,  gas  pro- 
ducers, engines,  electric  generators,  and  other  power  apparatus  used  in 
operating  machinery  in  such  shops;  machine  tools,  cranes,  hoists,  shaft- 
ing, belts  and  the  like  shop  equipment;  also  such  smithing  equipment 
in  general  shops  as  is  used  principally  for  other  general  purposes  than 
shoeing  horses  and  repairing  vehicles. 

Note. — Hand  and  other  small  portable  tools  liable  to  be  lost  or  stolen  shall 
not  be  included  herein,  but  portable  tools  and  apparatus  of  special  value  may 
be  charged  to  this  account  and  remain  herein  so  long  as  record  is  kept  of  the 
persons  to  whom  such  tools  and  apparatus  are  issued  and  such  persons  are 
made   responsible   therefor. 


Uniform  Accounts — Gas  Corporations  13 

c.  General  Store  Equipment:  This  includes  the  cost  of  all  equipment 
of  general  store  structures,  such  as  movable  counters,  movable  shelving, 
and  other  movable  equipment  of  like  nature,  carts,  barrows,  trucks,  etc., 
and  other  apparatus  and  appliances  used  in  handling  materials  and 
supplies.* 

N0TE, — Counters,  shelving  and  the  like  which  are  permanently  attached  to 
the  structure  shall  be  charged  to  the  account  (No.  G121),  "General  Structures," 
and  not  to  this  account. 

d.  General  Stable  Equipment:  This  includes  the  cost  of  all  equipment 
of  general  stables,  including  horses,  harness,  drays,  wagons,  automobiles 
and  other  vehicles,  equipment  of  shoeing  shops,  harness  repair  shops, 
vehicle  repair  shops,  etc. 

(221.)     Works  and  Station  Structures. 

Charge  to  this  account  the  cost  of  all  structures  at  works  devoted  to 
the  production  of  gas,  including  purification  and  all  other  processes 
performed  upon  such  gas  antecedent  to  its  entrance  into  the  station 
holder;  also  of  all  buildings  and  other  structures  at  outlying  holder 
stations,  except  the  holders  and  their  appurtenances  as  provided  in  the 
following  account,  "Holders."  Such  structures  include  retort  houses, 
generator  houses,  purifier  houses,  engine  houses,  boiler  houses,  meter 
houses,  coal  sheds,  coke  sheds  tar  houses,  oil  tanks,  tar  wells,  and  other 
structures  for  storage  of  fuel  to  be  consumed  or  carbonized  in  the  pro- 
duction of  gas  and  the  operations  auxiliary  thereto;  structures  for  resid- 
uals and  byproducts;  appurtenant  walks,  fences,  drives,  tramways, 
trestle,  etc.,  and  all  fixtures  permanently  attached  to  such  structures  and 
made  a  part  thereof. 

Note. — Such  piers  and  other  foundations  for  machinery  and  apparatus  as 
are  designed  to  be  permanent  and  to  outlast  the  first  machinery  or  apparatus 
mounted  thereon  shall  also  be  charged  to  this  account;  but  short  lived,  tem- 
porary, or  specially  provided  foundations  and  settings  for  furnaces  and  boilers, 
steam  engines,  gas  engines,  pumps,  generators,  benches,  condensers,  washers, 
scrubbers,  purifiers,  etc.,  shall  go  with  the  machinery  and  apparatus  to  which 
they  are  related.     Gas  holders  are  not  included  in  this  account. 

(222.)     Holders. 

Charge  to  this  account  the  cost  of  all  holders  at  works  and  outlying 
stations,  including  tanks,  foundations,  holders,  frame  work,  guides,  pul- 
leys, etc.,  and  inlet  and  outlet  of  such  holders. 

Note. — Holder  housings  shall  be  charged  to  the  account  (No.  221),  "Works 
and   Station   Structures." 

(G141a.)     Furnaces,  Boilers,  and  Accessories. 

Charge  to  this  account  the  cost  of  all  furnaces,  boilers,  and  boiler 
apparatus  and  accessories  devoted  to  the  production  of  steam  for  use 
in  producing  gas  and  in  furnishing  motive  power  in  gas  works  and 
stations.  This  includes  boilers  and  valves  thereto  attached,  appur- 
tenant furnaces  and  grates,  and  flues  leading  to  smokestacks  and  chim- 
neys, and  the  specially  provided  foundations  and  settings  of  such  boilers 
and  appurtenances.  It  also  includes  mechanical  stokers  and  other  like 
apparatus    for   regulating  the   supply   of   fuel,   etc.,   feed   and   hot  water 


14  Public  Service  Commission — First  District 

heaters  and  economizers,  injectors,  filters,  feed  pumps,  blower  engines, 
coal  conveyors,  ash  conveyors,  water  pipes,  steam  traps,  drains,  and 
separators,  and  pipes  for  conducting  steam  from  the  boiler  to  the  engine, 
to  condensers,  or  to  the  gas  producers,  exhaust  pipes,  etc.  It  does  not 
include  steam  pipes  whose  primary  purpose  is  the  heating  of  buildings. 

(G141b.)     Steam  Engines. 

Charge  to  this  account  the  cost  of  all  steam  engines  devoted  to  use  as 
prime  movers  in  gas  works.  This  includes  the  settings  and  specially 
provided  foundations  of  such  engines.  The  engine,  whether  reciprocat- 
ing or  rotary  (such  as  steam  turbines),  shall  be  considered  to  include 
the  throttle  or  inlet  valve  and  the  governor;  also  condensers  and  air 
pumps,  but  not  the  steam  pipe  leading  from  the  boiler,  nor  the  exhaust 
pipe. 

(G143b.)     Gas  Engines. 

Charge  to  this  account  the  cost  of  all  gas  engines  devoted  to  use  as 
prime  movers  in  gas  works  and  stations.  This  includes  the  specially 
provided  foundations  and  settings  of  such  engines.  The  engine  includes 
the  inlet  valve  and  governor  and  ignition  and  starting  apparatus,  but 
not  the  pipe  leading  from  the  gas  holder,  nor  the  exhaust  pipe. 

(G145.)     Miscellaneous  Power  Plant  Equipment. 

Charge  to  this  account  the  cost  of  all  miscellaneous  power  plant  equip- 
ment at  gas  works  which  is  not  includible  in  any  of  the  foregoing 
accounts.  This  includes  such  mechanical  apparatus  as  belts,  pulleys, 
hangers,  countershafts,  and  other  apparatus  intermediary  between  the 
prime  mover  and  the  apparatus  operated,  cranes,  hoists;  etc.,  and  machine 
tools  and  such  other  tools  at  power  plants  as  are  proper  to  be  cap- 
italized, etc. 

(223.)     Benches  and  Retorts. 

Charge  to  this  account  the  cost  of  all  benches  and  retorts  devoted  to 
the  production  of  coal  gas.  This  includes  the  cost  of  specially  provided 
foundations  and  settings  and  auxiliary  piping. 

(G143a.)     Water  Gas  Sets  and  Accessories. 

Charge  to  this  account  the  cost  of  sets  and  accessories  devoted  to  the 
production  of  water  gas,  including  the  cost  of  specially  provided  founda- 
tions and  settings  for  such  sets.  This  account  includes  not  only  gen- 
erators, carbureters,  superheaters,  seals  and  piping  connected  therewith, 
etc.,  but  also  blast  apparatus,  oil  and  steam  supplying  apparatus,  oil 
heaters,  etc.  It  does  not  include  pipes  whose  primary  purpose  is  the 
warming  of  buildings. 

(224.)    Purification  Apparatus. 

Charge  to  this  account  the  cost  of  all  purification  apparatus,  such  as 
condensers,  washers,  scrubbers,  purifiers,  tar  extractors,  etc.,  and  their 
ancillary  apparatus  and  piping,  including  the  cost  of  specially  provided 
foundations  and  settings. 


Uniform  Accounts — Gas  Corporations  15 

(225.)     Accessory  Equipment  at  Works. 

Charge  to  this  account  the  cost  of  all  equipment  at  works  and  holder 
stations  which  is  not  includible  under  any  of  the  foregoing  accounts. 
This  includes  exhausters,  station  meters,  governors,  etc.;  apparatus  for 
charging  retorts;  conveyors  for  disposing  of  coke  and  other  products 
and  residuals ;  tar  and  ammonia  apparatus,  pumps,  pipes,  tanks,  etc. 

(231.)     Trunk  Lines  and  Mains. 

Charge  to  this  account  the  cost  of  all  trunk  lines  and  mains  in  place. 
This  includes  all  pipe  lines  from  the  yard  connections  to  district  holders, 
and  from  the  works  governor  to  the  beginnings  of  services,  including 
the  cost  of  all  trenching,  etc.,  necessary  to  the  placing  of  the  pipe,  and 
the  cost  of  filling  trenches  and  restoring  the  surface  to  its  former  con- 
dition or  to  that  required  by  the  municipal  authorities  at  the  time  the 
line  is  installed. 

(232.)     Gas  Services. 

Charge  to  this  account  the  cost  of  the  corporation's  property  in  service 
pipes  and  appurtenances  in  or  leading  to  consumers'  premises.  This  in- 
cludes the  cost  of  material  in  place,  cost  of  trenching  for  placing  services, 
and  of  filling  trenches  and  restoring  surface  to  proper  condition. 

Note  A. — When  consumers  are  required  to  pay  some  or  all  of  the  cost  of 
services,  only  that  portion  of  the  cost  not  chargeable  to  the  consumer  is 
chargeable  to  this  account,  and  in  all  cases  where  only  a  portion  of  the  cost 
of  the  service  is  chargeable  to  this  account,  the  entry  in  this  account  shall 
show  the  entire  cost  of  the  service  as  well  as  the  amount  charged  to  this 
account. 

Note  B. — Where  services  extending  only  from  main  to  curb  (or  to  lot  line) 
are  placed  before  actually  required  for  the  purpose  of  supplying  consumers,  the 
entry  of  cost  must  show  that  fact.  Such  services  will  be  required  to  be  sep- 
arately reported  in  the  annual  reports  of  corporations  to  the  Public  Service 
Commission. 

Note  C. — Cost  of  renewing  or  modifying  services  shall  not  be  charged  to 
this   account. 

(233.)    Gas  Meters. 

Charge  to  this  account  the  cost  of  the  corporation's  property  in  all 
meters  and  appurtenances  used  in  measuring  the  gas  delivered  to  con- 
sumers. 

Note  A. — This  account  does  not  include  the  cost  of  the  corporation's  meters 
at  the  works,  which  shall  be  charged  to  the  account  (No.  225),  "Accessory 
Equipment  at  Works,"  or  to  a  sub-account  thereunder. 

Note  B. — Cost  of  setting,  removing,  or  re-setting  such  meters  shall  not  be 
charged  to  this  account. 

Note  C. — Upon  filing  with  the  Public  Service  Commission  a  notice  thereof, 
the  accounting  corporation  may  also  include  in  this  account  the  cost  of  con- 
sumers' meters  temporarily  withdrawn  from  service. 

(234.)     Gas  Meter  Installation. 

Charge  to  this  account  the  labor  and  materials  cost  (exclusive  of 
cock  and  connections)  of  the  first  setting  of  meters  for  determining 
the  amount  of  gas  delivered  to  consumers,  in  case  it  is  the  policy  of  the 
corporation  to  capitalise  the  cost  of  such  setting. 


16  Public  Service  Commission — First  District 

Note  A. — Cost  of  removing  such  meters  and  oi  setting  other  meters  substi- 
tuted for  them  shall  not  be  charged  to  this  account  but  to  the  account 
(No.   634a),    "Gas  Meter  and  Installation  Work."      (See  page  44.) 

Note  B. — This  account  must  not  include  at  any  time  the  cost  of  installation 
of  a  greater  number  of  consumers'  meters  than  are  actually  in  service. 

(235.)     Municipal  Street  Lighting  Fixtures   (Gas). 

Charge  to  this  account  the  cost  of  the  corporation's  property  in  the 
lamps,  posts,  and  ancillary  apparatus  and  appliances  used  in  lighting 
streets  for  a  municipal  corporation.  Such  cost  includes  not  only  cost 
of  material  but  also  cost  of  first  setting  and  coupling  up.  It  does  not 
include  cost  of  removal  or  change  of  position. 

Note. — Where  the  municipality  requires  for  its  special  benefit  the  extension 
of  mains  and  services  for  street  lighting,  such  extensions  may,  so  long  as  used 
solely  for  street  lighting,  be  charged  to  this  account,  provided  a  full  descrip- 
tion of  the  extensions  so  charged  and  the  amounts  charged  in  respect  thereof 
be  filed  with  the  Public  Service  Commission  on  or  before  the  date  when  the 
entry  thereof  is  made  upon  the  books  of  the  corporation. 

(236.)     Gas  Engines  and  Appliances. 

Charge  to  this  account  the  cost  of  the  corporation's  property  in  gas 
engines  leased  to  consumers  (including  municipal  corporations),  but 
not  of  those  held  for  purposes  of  sale.  Such  engines  include  all  ap- 
pliances for  the  production  of  mechanical  motion  through  the  consump- 
tion of  gas.  Also  charge  to  this  account  the  cost  of  the  corporation's 
property  in  all  gas  stoves  and  other  heating  appliances  leased  to  con- 
sumers, but  not  of  those  held  for  purposes  of  sale.  This  includes  stoves, 
ranges,  heaters,  hot  plates,  sadirons,  tailor's  irons  and  gooses,  and  other 
like  devices  and  appliances  consuming  gas  for  the  direct  production  of  heat. 

Note  A. — The  cost  of  setting  and  connecting  such  engines  and  heating 
appliances  on  the  premises  of  consumers  and  the  cost  of  re-setting  or  of  re- 
moval shall  not  be  charged  to  this  account. 

Note  B. — Upon  filing  with  the  Public  Service  Commission  a  notice  thereof, 
the  accounting  corporation  may  also  include  in  this  account  the  cost  of  such 
gas   engines   and   appliances   temporarily  withdrawn  from   service. 

(237.)     Gas  Tools  and  Implements. 

Charge  to  this  account  the  cost  of  all  tools  and  implements  coming 
within  the  scope  of  the  definition  of  fixed  capital  (see  paragraph  4, 
page  5,  ante)  and  not  covered  by  any  of  the  foregoing  equipment  accounts. 

(238.)     Gas  Laboratory  Equipment. 

Charge  to  this  account  the  cost  of  all  physical  and  chemical  apparatus 
used  in  testing  and  other  technological  work,  and  of  all  equipment  in 
laboratories  used  for  technological  work,  such  as  calorimetry,  photo- 
metry, chemical  analysis,  and  the  like;  also  all  equipment  for  testing 
building  and  other  materials  used  in  the  engineering  operations  of  the 
company. 

Note. — This  account  does  not  include  the  cost  of  any  chemicals  or  other 
supplies,  such  being  chargeable  to  the  appropriate  sub-account  in  the  account 
"Materials  and  Supplies";  as  consumed  they  shall  be  charged  thence  to  the 
appropriate  expense  accounts. 


Uniform  Accounts — Gas  Corporations  17 

(239.)     Other  Tangible  Gas  Capital. 

Charge  to  this  account  the  cost  of  all  miscellaneous  tangible  gas  capital 
not  elsewhere  provided  for. 

(G281.)     Engineering  and  Superintendence. 

Charge  to  this  account  all  expenditures  for  services  of  engineers, 
draftsmen,  and  superintendents  employed  on  preliminary  and  construc- 
tion work,  and  all  expenses  incident  to  the  work,  when  such  disburse- 
ments cannot  be  assigned  to  specific  construction. 

Note. — When  employees  enumerated  above  are  engaged  in  work  not  charge- 
able to  construction,  their  pay  and  expenses  shall  be  charged  to  the  specific 
work   on  which   engaged. 

(G282.)     Law  Expenditures  During  Construction. 

Charge  to  this  account  general  expenditures  of  the  following  nature, 
incurred  in  connection  with  the  construction  of  a  gas  plant,  namely: 
the  pay  and  expenses  of  all  counsel,  solicitors,  and  attorneys,  their  clerks 
and  attendants,  and  expenses  of  their  offices;  printing  briefs,  legal  forms, 
testimony,  reports,  etc.;  payments  to  arbitrators  for  the  settlement  of 
disputed  questions;  costs  of  suit  and  payments  of  special  fees,  notarial 
fees,  and  witness  fees;  and  expenses  connected  with  taking  depositions; 
also  all  legal  and  court  expenses. 

When  any  of  the  expeditures  above  enumerated  can  be  charged  directly 
to  the  account  for  which  incurred,  they  shall  be  so  charged  and  not  to 
this  account.  Expenditures  in  connection  with  the  acquisition  of  the 
right  of  way  or  other  land  shall  be  charged  to  the  account  (No.  G110), 
"Land  Devoted  to  Gas  Operations."  Law  expenditures  in  connection 
with  the  organization  of  the  corporation  shall  be  charged  to  the  account 
(No.  101),  "Organization." 

(G283.)    Injuries  During  Construction. 

Charge  to  this  account  all  expenditures  incident  to  injuries  to  persons 
when  caused  directly  in  connection  with  construction  of  gas  plant  and 
equipment;  proportion  of  salaries  and  expenses  of  physicians  and  sur- 
geons; nursing  and  hospital  attendance,  medical  and  surgical  supplies, 
artificial  limbs,  railroad  and  carriage  fares  for  conveying  injured  persons 
and  attendants;  funeral  expenses  (including  payments  to  undertakers); 
proportion  of  pay  and  expenses  of  claim  adjusters  and  their  clerks,  and 
pay  and  expenses  of  employees  and  others  called  in  consultation  in  rela- 
tion to  the  adjustment  of  claims  coming  under  this  head;  also  witness 
fees  and  amount  of  final  judgments. 

(G284.)    Taxes  During  Construction. 

Charge  to  this  account  all  taxes  and  assessments  levied  and  paid  on 
property  belonging  to  the  corporation  while  under  construction  and  before 
the  plant  is  opened  for  commercial  operation,  except  special  taxes  assessed 
for  street  and  other  improvements,  such  as  grading,  sewering,  curbing, 
guttering,  paving,  sidewalks,  etc.,  which  shall  be  charged  to  the  account 
to  which  the  property  benefited  is  charged. 


18  Public  Service  Commission — First  District 

(G285.)    Interest  During  Construction. 

Charge  to  this  account  the  interest  accrued  upon  all  moneys  (and 
credits  available  upon  demand)  acquired  for  use  in  connection  with  the 
construction  and  equipment  of  the  property  from  the  time  of  such  acquisi- 
tion until  the  construction  is  ready  for  use.  Interest  receivable  accrued 
upon  such  moneys  and  credits  shall  be  credited  to  this  account.  To  this 
account  shall  also  be  credited  discounts  realized  through  prompt  payment 
of  bills  for  materials  and  supplies  used  in  construction  unless  such  dis- 
counts are  credited  to  the  particular  bills. 

(G286.)     Miscellaneous  Construction  Expenditures. 

Charge  to  this  account  the  salaries  and  expenses  of  executive  and 
general  officers  of  a  gas  plant  under  construction;  clerks  in  general 
offices  engaged  on  construction  accounts  or  work;  rent  and  repair  of 
general  offices  when  rented,  with  the  office  expenses;  insurance  during 
construction;  also  all  construction  and  equipment  items  of  a  special  and 
incidental  nature  which  cannot  properly  be  charged  to  any  other  account 
in  this  classification. 

Note  A. — This  account  may  include  a  suitable  proportion  of  store  expenses 
when  such  expenses  are  not  assignable  to  specific  materials. 

Note  B. — This  account  shall  not  include  any  costs  of  organization,  or  any 
costs  or  discounts  connected  with  the  issue  and  disposal  of  stocks,  funded  debt, 
or   other   securities,    and    commercial   paper. 

(OHO.)     Land  in  Other  Departments. 

Charge  to  this  account  the  cost  of  the  corporation's  interests  in  land 
(exclusive  of  improvements  thereon)  devoted  to  operations  other  than 
electric  operations,  gas  operations,  railroad  operations,  and  street  rail- 
road operations.1 

Such  cost  includes,  when  assumed  or  when  paid  by  the  purchaser  in 
its  own  behalf,  cost  of  registration  of  title,  cost  of  examination  of  title, 
conveyancer's  and  notary's  fees,  purchasing  agent's  commissions  or  fees 
or  proportion  of  purchasing  agent's  salary,  taxes  accrued  to  date  of 
transfer  of  title,  and  all  liens  upon  the  title  acquired.  If  at  the  time 
of  acquisition  of  such  interest  in  lands,  it  extends  to  buildings  or  other 
improvements  thereon,  which  improvements  are  devoted  by  the  corpora- 
tion to  operations  other  than  the  four  classes  above  mentioned,  and 
the  contract  of  acquisition  does  not  determine  the  price  of  such  improve- 
ments, they  shall  be  appraised  at  their  fair  cash  value,  and  such  appraised 
value  shall  be  charged  to  the  appropriate  accounts  and  excluded  from 
the  account  "Land  in  Other  Departments".  If  such  improvements  are 
held  as  investments,  the  cost  (or  appraised  value  at  time  of  acquisition 


1  Note. — Electric  Capital,  Raileoad  Capital,  akd  Street  Railroad  Capital. — For 
the  accounts  to  which  shall  be  charged  the  cost  of  capital  devoted  to  electric 
operations,  see  the  Uniform  System  of  Accounts  for  Electrical  Corporations; 
for  steam  railroad  operations,  see  the  Uniform  System  of  Accounts  for 
Expenditures  for  Road  and  Equipment,  etc.,  as  established  for  Steam  Rail- 
road Corporations  by  the  Public  Service  Commission;  and  for  electric  railroad 
and  street  railroad  operations,  see  the  Uniform  System  of  Accounts  for  Street 
Railroad  Corporations. 


Uniform  Accounts — Gas  Corporations  19 

of  title  if  the  cost  to  the  corporation  is  not  determined  in  the  contract 
of  acquisition)  shall  be  charged  to  the  appropriate  investment  account. 
If  the  improvements  are  removed  or  wrecked,  the  salvage  (less  the  cost 
of  removal  or  wreckage)  shall  be  excluded  from  the  account  "Land  in 
Other  Departments". 

(O102.)     Franchises  in  Other  Departments. 

Charge  to  this  account  "the  amount  (exclusive  of  any  tax  or  annual 
charge)  actually  paid  to  the  State  or  to  a  political  subdivision  thereof 
as  the  consideration  for  the  grant  of  such  franchise  or  right"  as  is 
necessary  to  the  conduct  of  the  corporation's  operations  other  than  elec- 
tric, gas,  railroad,  and  street  railroad. 

(O103.)    Patent-rights  in  Other  Departments. 

Charge  to  this  account  the  cost  of  all  rights  (having  a  life  of  more 
than  one  year  from  the  date  when  placed  in  service)  acquired  by  the 
corporation  in  or  under  valid  patents  granted  by  the  United  States  to 
inventors  for  inventions  and  discoveries  which  are  necessary  to  the 
economical  conduct  of  the  corporation's  operations  other  than  electric, 
gas,  railroad,  and  street  railroad. 

(O104.)     Other  Intangible  Capital  in  Other  Departments. 

Charge  to  this  account  the  cost  of  all  property  of  the  corporation 
coming  within  the  definition  of  intangible  capital  devoted  to  its  opera- 
tions other  than  electric,  gas,  railroad,  and  street  railroad,  and  not 
includible  under  any  of  the  foregoing  accounts. 

(O120.)    Tangible  Capital  in  Other  Departments. 

Charge  to  this  account  the  cost  of  all  property  of  the  corporation 
coming  within  the  definition  of  tangible  capital  devoted  to  its  opera- 
tions other  than  electric,  gas,  railroad,  and  street  railroad. 

25.  Floating  Capital  divided  into  two  groups. — Floating  capital  Is 
divided  into  two  great  groups,  of  which  the  first  is  herein  called  Ma- 
terials and  Supplies,  and  the  second,  Current  Assets. 

26.  Definitions  of  Floating  Capital  accounts. — In  the  following  defini- 
tions the  letters  and  figures  prefixed  to  the  titles  of  the  accounts  are 
no  part  of  the  titles  and  are  inserted  merely  for  convenience  of  ref- 
erence : 

(G10.)    Materials  and  Supplies. 

Charge  to  this  account  the  cost  (including  transportation)  of  all 
materials  and  supplies  acquired  by  the  corporation,  regardless  of  whether 
the  same  are  intended  to  be  consumed  in  construction  or  in  operation, 
or  later  to  be  sold.  Where  discounts  recovered  through  prompt  payment 
are  not  credited  to  the  particular  bills,  the  cost  at  which  such  materials 
and  supplies  shall  be  charged  shall  be  the  invoice  cost,  and  any  discounts 
recovered  through  prompt  payment  of  bills  for  such  materials  and  supplies 
shall  be  credited  to  the  account  (No.  G285),  "Interest  During  Construc- 
tion," or  to  the  account  (No.  G852),  "Undistributed  Adjustments — 
Balance,"  according  as  such  materials  and  supplies  are  intended  for 
construction  or  for  operation. 


20  Public  Service  Commission — First  District 

The  scrap  value  of  things  retired  from  service  shall  be  charged  to 
an  appropriate  sub-account  in  this  account,  while  such  things  remain 
the  property  of  the  corporation.  If  such  scrap  value  is  not  known  and 
cannot  readily  be  determined  it  shall  be  estimated,  and  errors  in  such 
estimates  when  determined  shall  be  adjusted  through  the  accounts  in- 
volved if  during  the  year  in  which  the  estimates  were  made;  if  later, 
then  through  the  "Corporate  Surplus  or  Deficit"  account. 

Inventories  of  materials  and  supplies  shall  be  taken  at  least  annually, 
and  any  shortages  or  overages  disclosed  by  such  inventories  shall  be 
credited  or  debited  to  this  account  and  debited  or  credited  to  the  operat- 
ing expense  account  (No.  G852),  "Undistributed  Adjustments — Balance," 
in  case  they  cannot  be  assigned  to  specific  accounts.  Shortages  may,  how- 
ever, be  charged  directly  to  "Corporate  Surplus  or  Deficit".  Where  such 
materials  and  supplies  have  been  used  in  construction,  a  suitable  propor- 
tion of  such  shortages  or  overages  may  be  debited  or  credited  to  the 
account  (No.  G286),  "Miscellaneous  Construction  Expenditures". 

Notb. — It  is  not  required  that  the  transportation  element  of  cost  shall  he 
assigned  with  a  greater  degree  of  accuracy  than  to  the  nearest  cent  per  unit 
of  material  or  supply.  Where  a  single  transportation  item  covers  a  multitude 
of  things  the  portion  of  the  expense  not  assigned  to  specific  things  should  he 
charged  to  the  same  account  that  store  expenses  are  charged  to. 

(1.)    Cash. 

Charge  to  this  account  all  money  coming  into  the  possession  of  the 
corporation  and  in  which  the  corporation  has  the  beneficial  interest. 
This  includes  coin  of  the  United  States,  United  States  treasury  notes, 
gold  and  silver  certificates  and  greenbacks,  and  bank  bills  payable  to 
bearer.  Also  charge  to  it  all  bank  credits,  checks  and  drafts  receivable, 
subject  to  satisfaction  or  transfer  upon  demand  (whether  payable  to 
bearer  or  to  order).  Credit  this  account  with  all  cash  disbursements  of 
the  corporation. 

(2.)     Bills  Receivable, 

Charge  to  this  account  the  cost  of  all  bills  receivable  (except  as  below 
provided)  which  are  the  property  of  the  corporation  and  upon  which 
solvent  concerns  are  liable  or  which  are  sufficiently  secured  to  be  con- 
sidered good.  This  account  includes  demand  notes,  drafts,  etc.,  issued 
by  others  than  banks,  and  time  notes,  drafts,  etc.,  by  whomever  issued. 
This  account  does  not  include  investments  (for  which  see  page  21); 
nor  does  it  include  interest  coupons. 

(3.)    Accounts  Receivable. 

Charge  to  this  account  all  amounts  owing  to  the  corporation  upon 
accounts  with  solvent  concerns  (other  than  banks)  ;  also  the  cost  of 
all  accounts  and  claims  upon  which  responsibility  is  acknowledged  by 
solvent  concerns  or  which  are  sufficiently  secured  to  be  considered  good, 
and  of  all  judgments  against  solvent  concerns  where  the  judgment  is  not 
appealable  or  suspended  through  appeal.  This  account  does  not  include 
negotiables. 


Uniform  Accounts — Gas  Corporations  21 

(4.)  Interest  and  Dividends  Receivable. 
Whenever  the  income  account  is  stated  the  appropriate  sub-account 
therein  shall  be  credited  and  this  account  shall  be  charged  with  all 
accrued  but  not  yet  collected  interest  upon  all  commercial  paper  and 
accounts  considered  collectible  held  by  or  for  the  benefit  of  the  cor- 
poration; also  all  dividends  declared  or  guaranteed  by  solvent  concerns 
but  not  yet  collected,  the  right  to  which  is  in  the  corporation. 

(5.)  Other  Current  Assets. 
Charge  to  this  account  the  cost  of  all  current  assets  of  the  corpora- 
tion which  are  not  includible  under  any  of  the  last  four  foregoing 
accounts.  By  current  assets  are  meant  only  those  things  which  are 
readily  convertible  into  money  and  which  are  held  with  the  intent  of 
being  presently  converted  into  money  and  not  as  investments. 

27.  Investments  defined. — By  Investments,  as  here  used,  are  meant 
all  properties  acquired  not  for  use  in  present  operations,  but  as  a  means 
of  obtaining  or  exercising  control  over  other  corporations,  or  for  in- 
come to  be  derived  from  them,  or  for  a  rise  in  value,  or  for  devotion 
to  future  operations  at  a  time  when  it  seems  probable  that  they  cannot 
be  so  advantageously  acquired  as  at  the  time  of  actual  acquisition.  By 
bound  investments  are  meant  those  held  subject  to  a  lien  of  some  char- 
acter; by  free  investments  are  meant  those  held  free  of  all  liens. 

(300.)     Investments. 
The  cost  of  the  corporation's  title  to  any  property  held  as  an  invest- 
ment shall  be  charged  to  an  account  entitled  "Investments". 

Note. — In  the  annual  reports  to  be  made  to  the  Public  Service  Commission 
by  the  corporations  and  other  persons  engaged  in  gas  operations,  investments, 
whether  bound  or  free,  will  be  required  to  be  classified  with  at  least  the  fol- 
lowing detail: 

Bound  investments  will  he  required  to  be  divided  into  the  three  classes: 
"Mortgaged  or  Pledged  Investments,"  "Contractual  Fund  Investments,"  and 
"Other  Bound  Investments".  Each  of  these  three  classes,  and  the  class  "Free 
Investments,"  will  be  required  to  be  subdivided  into  the  following:  Funded 
Debt  of  Controlling  Corporations,  Funded  Debt  of  Affiliated  Corporations, 
Funded  Debt  of  Controlled  Corporations,  Stocks  of  Controlling  Corporations, 
Stocks  of  Affiliated  Corporations,  Stocks  of  Controlled  Corporations,  Advances  to 
Controlled  Corporations,  Funded  Debt  of  Other  Corporations,  Stocks  of  Other 
Corporations,    Land,    Improvements    on    Land,    and    Other    Investments. 

28.  Special  Deposits  defined. — By  Special  Deposits,  as  here  used,  are 
meant  amounts  of  money  and  bank  credits  in  the  hands  of  fiscal  or 
other  agents  of  the  corporation  for  the  payment  of  coupons,  dividends, 
or  other  special  purposes.  Credits  at  banks  subject  to  check  of  the 
corporation  or  its  agents  for  general  purposes,  deposits  at  banks  whether 
withdrawable  at  pleasure  or  after  a  specified  time,  amounts  of  money 
in  safety  deposit  vaults,  etc.,  so  long  as  they  are  available  for  general 
purposes  of  the  corporation,  shall  be  excluded  herefrom. 

(311.)     Coupon  Special  Deposits. 
Charge  to  this  account  all  moneys  and  bank  credits  specially  deposited 
in  the  hands  of  fiscal  agents  or  other  agents  of  the  corporation  for  the 


22  Public  Service  Commission — First  District 

payment  of  interest  coupons  when  presented.  Such  coupons  when  paid 
from  such  deposits  shall  be  credited  to  this  account  and  charged  to  the 
appropriate  matured  interest  account.  Payments  to  trustees  (or  other 
agents)  of  the  holders  of  bonds  or  other  securities  of  the  interest  accrued 
thereon  which  operate  under  the  terms  of  the  securities  (or  of  mort- 
gages supporting  such  securities)  as  a  release  of  the  paying  corporation 
from  further  liability  for  such  interest  shall  not  be  charged  to  this  account, 
but  to  the  appropriate  "Interest  Accrued"  account. 

(312.)  Dividend  Special  Deposits. 
Charge  to  this  account  all  moneys  and  bank  credits  specially  deposited 
in  the  hands  of  fiscal  agents  or  other  agents  of  the  corporation  for  the 
payment  of  dividends  upon  the  corporation's  stocks.  Such  dividends 
when  paid  from  such  deposits  shall  be  credited  to  this  account  and  charged 
to  the  appropriate  dividend  account. 

(313.)     Other  Special  Deposits. 

Charge  to  this  account  all  moneys  and  bank  credits  deposited  in  the 
hands  of  fiscal  agents  or  other  agents  of  the  corporation  for  other 
special  purposes  than  the  payment  of  interest  coupons  and  dividends. 
Charges  to  this  account  shall  specify  the  purpose  for  which  the  deposit 
is  made.  When  such  purposes  are  satisfied  this  account  shall  be  credited 
with  the  amount  specially  deposited  to  provide  such  satisfaction. 

29.  Prepayments.  — When  payments  for  taxes,  insurance,  rents,  and 
the  like  are  made  in  advance  of  the  actual  accrual  thereof,  the  amount 
of  the  advance  payment  shall  be  charged  to  the  appropriate  account  in 
this  group.  As  such  taxes,  etc.,  accrue,  the  appropriate  prepayment  ac- 
count shall  be  credited  and  the  appropriate  expense  or  other  income 
account  shall  be  charged. 

Note. — By  the  accrual  of  taxes,  insurance,  rents,  etc.,  is  meant  their  accumu- 
lation when  considered  as  spread  uniformly  over  the  period  to  which  they 
apply.  Thus,  if  the  rent  fixed  by  contract  of  lease  for  a  certain  property  is 
$600  for  a  calendar  year,  this  accrues  at  the  rate  of  $50  each  month  (unless 
it  is  desired  to  base  the  accrual  on  days,  when  of  course  the  varying  lengths 
of  the  months  would  require  to  be  considered),  regardless  of  the  actual  times 
when  the  rent  matures ;  $50  should  thus  (if  the  rent  has  been  prepaid)  be 
credited  each  month  to  the  account  "Prepaid  Rents,"  and  concurrently  charged 
to  the  appropriate  account  in  the  "Income"  account.  Similarly  in  the  case  of 
other  prepayments. 

(321.)  Prepaid  Taxes. 
When  taxes  are  paid  in  advance  of  their  accrual,  the  amount  prepaid 
shall  be  charged  to  this  account.  As  the  taxes  thus  prepaid  accrue,  they 
shall  be  credited  at  monthly  intervals  to  this  account  and  charged  to 
the  appropriate  taxes  account.  This  account  must  not  include  any  so- 
called  taxes,  like  water  taxes,  drainage  taxes,  fire  taxes,  etc.,  which  are 
payments  for  special  benefits  received.  Such  payments  for  special  bene- 
fits, where  finally  chargeable  to  operating  expenses,  must,  when  prepaid, 
be  charged  to  the  account  "Other  Prepayments". 


Uniform  Accounts — Gas  Corporations  23 

(322.)     Prepaid  Insurance. 

When  premiums  on  insurance  policies  are  paid  in  advance  of  their 
accrual,  the  amount  prepaid  (whether  paid  in  cash  or  by  the  issue  of 
notes  or  other  negotiable  paper)  shall  be  charged  to  this  account.  As 
such  premiums  accrue,  they  shall  be  credited  at  monthly  intervals  to  this 
account  and  charged  to  the  appropriate  expense  account. 

(323.)     Prepaid  Rents. 

When  rents  are  paid  in  advance  of  the  enjoyment  of  the  term,  the 
amount  prepaid  (whether  paid  in  cash  or  by  the  issue  of  notes  or  other 
negotiable  paper)  shall  be  charged  to  this  account.  As  the_  term  is  con- 
sumed, this  account  shall  be  credited  at  monthly  intervals  and  the  appro- 
priate rent  account  in  the  income  account  shall  be  charged. 

(324.)     Other  Prepayments. 

When  prepayments  are  made  for  any  other  thing  than  taxes,  insur- 
ance, and  rents,  above  provided  for,  such  prepayments  shall  be  charged 
to  this  account;  and  as  the  purpose  of  the  prepayment  is  satisfied, 
proportionate  amounts  shall  be  credited  monthly  to  this  account  and 
charged  to  the  appropriate  expense  or  income  account. 

30.  Suspense. — When  any  expenditure  is  made,  the  appropriate  dis- 
position of  which  is  not  yet  determinable,  or  when  any  loss  occurs 
which  under  the  rules  of  the  Public  Service  Commission  may  be  spread 
over  a  period  of  time,  or  when  any  debit  made  for  any  other  reason 
may  be  amortized  through  charges  made  to  expense  or  other  income 
accounts  at  intervals  over  a  period  of  time,  such  expenditure,  loss,  or 
other  debit  shall,  except  as  herein  otherwise  directed,  be  charged  to  an 
appropriate  account  in  this  group  of  accounts. 

Note. — By  "amortization"  of  any  charge  or  credit  is  meant  its  gradual 
extinction.  The  word  is  broader  than  the  word  "depreciation,"  since  the  latter 
is  restricted  ordinarily  to  tangible  property.  The  word  "depreciation"  also 
imports  more  of  the  idea  of  fluctuating  value  and  is  complicated  somewhat 
with  the  question  of  cost  of  replacement  at  market  prices.  Because  it  is 
considered  unnecessary  in  connection  with  the  gradual  consumption  or  expira- 
tion of  life  of  capital  to  consider  the  question  of  cost  of  replacement  until 
the  replacement  is  actually  made,  at  which  time  the  cost  of  replacement 
is  duly  charged  to  the  appropriate  account,  and  because  provision  is  neces- 
sary for  the  gradual  extinction  of  certain  charges  (such  as  those  for  some 
kinds  of  capital,  those  for  extraordinary  casualties,  for  discount  on  debt, 
etc.),  to  which  the  term  "depreciation"  does  not  well  apply,  it  is  considered 
advisable  to  use  the  term  "amortization"  in  connection  with  the  extinction 
of  such  charges,  and  of  certain  corresponding  credits,  such  as  premiums  on 
debt   outstanding. 

(331.)     Unamortized  Debt  Discount  and  Expense. 

When  funded  debt  securities  and  other  evidences  of  indebtedness  are 
disposed  of  for  a  consideration  whose  cash  value  is  less  than  the  sum 
of  the  par  value  of  the  securities  or  other  evidences  of  indebtedness 
and  the  interest  thereon  accrued  at  the  time  the  transfer  takes  place, 
the  excess  of  such  sum  of  the  par  value  and  accrued  interest  over  the 
cash  value  of  the  consideration  received  shall  be  charged  to  this  account. 


24  Public  Service  Commission — First  District 

To  this  account  shall  also  be  charged  all  expense  connected  with  the 
issue  and  sale  of  evidences  of  debt,  such  as  fees  for  drafting  mortgages 
and  trust  deeds,  fees  and  taxes  for  recording  mortgages  and  trust  deeds, 
cost  of  engraving  and  printing  bonds,  certificates  of  indebtedness,  and 
other  commercial  paper  having  a  life  of  more  than  one  year,  fees  paid 
trustees  provided  for  in  mortgages  and  trust  deeds,  fees  and  commissions 
paid  underwriters  and  brokers  for  marketing  such  evidences  of  debt, 
and  other  like  expense.  At  or  before  the  close  of  each  fiscal  period 
thereafter,  a  proportion  of  such  discount  and  expense  based  upon  the 
life  of  the  security  to  maturity  shall  be  credited  to  this  account  and 
charged  to  the  account  (No.  928),  "Amortization  of  Debt  Discount  and 
Expense,"  in  "Income"  account.  Such  discount  and  expense  may,  if 
desired,  be  amortized  more  rapidly  through  charges  of  all  or  any  part 
of  it,  either  at  the  time  of  issue  or  later,  to  the  account  "Other  Deduc- 
tions  from  Surplus". 

(332.)     Other  Suspense. 

To  this  account  shall  be  made  all  debits  not  elsewhere  provided  for 
and  the  proper  final  disposition  of  which  is  uncertain.  This  will  include 
all  such  matters  as  expense  of  preliminary  surveys,  plans,  investiga- 
tions, etc.,  made  for  determining  the  feasibility  of  projects  under  con- 
templation. Should  any  such  project  later  be  carried  to  completion, 
such  amounts  shall  be  credited  to  this  account  and  charged  to  the  proper 
capital  account;  should  it  be  abandoned,  such  amounts  shall  be  charged 
to  "Corporate  Surplus  or  Deficit". 

When  the  proper  disposition  of  any  matter  charged  to  this  account  is 
determined,  it  shall  be  credited  to  this  account  and  charged  to  the 
appropriate  account. 

31.  Securities  Actually  Issued  and  Later  Re-acquired. — For  the  case 
of  securities  actually  issued  by  the  corporation  and  later  re-acquired  by 
it,  the  following  account  is  provided: 

(340.)     Re- acquired  Securities. 

When  securities,  whether  funded  debt  or  stocks,  have  been  actually 
issued  to  bona  fide  holders  for  value  (or  after  such  issued  by  another 
corporation  have  been  assumed  by  the  accounting  corporation),  and 
after  such  issue  (or  assumption)  have  been  acquired  by  the  corpora- 
tion under  circumstances  which  require  that  they  shall  not  be  treated 
as  paid  or  retired,  they  shall  be  charged  at  face  value  to  this  account. 

82.  Debt  defined.— The  word  debt,  as  here  used,  covers  all  absolute 
obligations  to  pay  money  at  a  definite  time  or  times,  or  at  a  time  or 
times  which  are  capable  of  being  made  definite  by  demand  or  other 
act  of  the  creditor.  It  does  not  cover  contingent  obligations,  such  as 
obligations  to  pay  rent  for  future  enjoyment  of  the  term,  liabilities  of 
indorsers  upon  paper  not  yet  defaulted,  etc. 

Debt  is  divided  into  Funded  Debt  and  Unfunded  Debt. 

33.  Funded  Debt  defined.—  Funded  Debt  comprises  all  debt  which  by 
the  terms  of  its  creation  does  not  mature  until  more  than  one  year  after 
date  of  creation. 


Uniform  Accounts — Gas  Corporations  25 

34.  Unfunded  Debt  defined.—  Unfunded  Debt  comprises  all  debt  which 
by  the  terms  of  its  creation  matures  one  year  or  less  after  the  date  of 
creation  or  after  demand. 

35.  Funded  Debt  accounts.— Funded  debt  shall  be  divided  in  the 
accounts  into  classes,  such  classes  being  determined  by  the  four  charac- 
teristics:  (1)  mortgage  or  other  lien  or  security  therefor,  (2)  rate  of 
interest,  (3)  interest  dates,  and  (4)  date  of  maturity.  A  separate  sub- 
account shall  be  raised  for  each  such  class  of  funded  debt,  and  no  two 
amounts  of  debt  not  agreeing  in  respect  of  all  four  of  the  character- 
istics above  named  shall  be  included  in  the  same  sub-account.  The 
title  of  each  sub-account  of  funded  debt  shall  express  the  four  charac- 
teristics above  stated,  that  is  to  say:  mortgage  or  other  lien  or  security, 
rate  of  interest,  dates  of  maturity  of  interest,  and  date  of  maturity  of 
principal;  as  e.  g.,  "First  Mortgage  5%  QF  10,  Aug.  10,  1928,"  which 
means  funded  debt  secured  by  the  company's  first  mortgage,  bearing 
interest  at  the  rate  of  5  per  cent,  per  annum,  interest  maturing  quar- 
terly on  February  10th,  May  10th,  August  10th,  and  November  10th  of 
each  year,  principal  maturing  August  10,  1928. 

Where  any  portion  of  the  funded  debt  rests  only  on  the  general  credit 
of  the  corporation  and  is  not  specially  secured  or  supported  by  lien  of 
any  character,  it  shall  for  the  purposes  of  these  accounts  be  known  as 
a  "debenture."  "Debentures"  thus  include  promissory  notes  unsecured 
by  mortgage  or  other  lien,  also  those  securities  commonly  known  as 
"plain  bonds." 

To  the  appropriate  sub-account  in  "Funded  Debt"  shall  be  credited 
when  issued  the  par  value  of  the  amount  of  evidences  of  funded  in- 
debtedness issued.  The  entry  shall  show  not  only  the  amount  issued 
but  the  purpose  for  which  issued,  and  shall  make  intelligible  reference 
to  the  book,  page,  and  account  whereon  are  shown  any  discounts  or 
premiums  realized  on  the  amount  issued.  If  the  consideration  received 
for  the  issue  is  anything  else  than  money,  the  entry  shall  show  further 
the  principal  to  whom  issued,  and  shall  describe  with  sufficient  par- 
ticularity to  identify  it  the  actual  consideration  received  for  the  issue. 
If  the  issue  in  any  case  is  to  an  agent  of  an  undisclosed  principal,  the 
name  and  business  address  of  such  agent  and  the  fact  of  his  agency 
shall  be  shown  in  the  entry. 

36.  Unfunded  Debt  accounts. — The  accounts  for  unfunded  debt  are 
defined  as  follows : 

(351.)     Taxes  Accrued. 

Credit  to  this  account  at  the  close  of  each  month  the  taxes  accrued 
during  the  month,  and  make  corresponding  charges  to  the  appropriate 
"Taxes"  account.  Credits  to  the  account  "Taxes  Accrued"  will  neces- 
sarily be  based  upon  estimate  until  the  amount  of  tax  levied  for  the 
tax  period  is  known;  such  estimates  shall  be  based  upon  the  best  data 
available,  and  as  soon  as  the  amount  of  tax  for  the  period  is  known 
the  account  involved  shall  be  adjusted  to  conform.  When  any  tax  is 
paid  it  shall  be  charged  to  this  account  and  credited  to  "Cash"  or  other 
suitable  account. 


26  Public  Service  Commission — First  District 

(352.)     Receiver's  Certificates. 

When  any  receiver  acting  under  the  orders  of  a  competent  court  is 
in  possession  of  the  property  of  the  corporation  and  under  the  orders  of 
such  court  issues  certificates  of  indebtedness  chargeable  upon  such  prop- 
erty, the  par  value  of  such  certificates  shall  be  credited  to  this  account. 
Interest  accruing  upon  such  certificates  shall  also  be  credited  monthly 
to  this  account. 

(353.)    Judgments  Unpaid. 

When  any  judgment  of  indebtedness  is  rendered  by  a  court  of  com- 
petent jurisdiction  against  the  corporation,  or  any  fine  or  penalty  re- 
quiring the  payment  of  money  is  assessed  by  such  a  court  against  the 
corporation,  and  no  appeal  accompanied  by  stay  of  execution  has  been 
taken  therefrom  within  the  time  allowed  by  law  for  such  appeal,  the 
amount  of  such  judgment  shall  be  credited  to  this  account,  and  the 
entry  shall  designate  the  action  or  suit  as  a  consequence  of  which  such 
judgment  is  pronounced  or  such  fine  or  penalty  assessed.  The  desig- 
nation of  the  action  or  suit  shall  show  the  court,  the  term  thereof,  the 
parties,  and  the  character  of  the  action  or  suit.  Interest  accruing  upon 
any  such  judgment  shall  be  credited  monthly  to  this  account. 

Note. — In  case  of  appeal  and  affirmance  in  whole  or  in  part  from  which 
judgment  of  affirmance  a  further  appeal  lies,  the  same  rule  shall  apply  as  upon 
entry  of  original  judgment. 

(354.)     Interest  Accrued. 

Credit  to  this  account  at  the  close  of  each  month  the  interest  accrued 
during  the  month  upon  indebtedness  of  the  corporation.  When  such 
interest  is  paid  it  shall  be  charged  to  this  account  and  credited  to 
"Cash"  or  other  suitable  account. 

The  account  "Interest  Accrued"  does  not  include  interest  on  judgments, 
nor  that  upon  receiver's  certificates.  The  interest  accruing  on  any 
judgment  against  the  corporation  or  upon  any  receiver's  certificate  shall 
be  credited  to  the  account  to  which  such  judgment  or  receiver's  certificate 
stands  credited. 

Note. — When  coupon  interest  matures  it  should  he  transferred  from  the  suh- 
account  "Unmatured  Coupon  Interest  Accrued"  to  the  suh-account  "Coupon 
Interest  Matured."  When  such  interest  is  paid  out  of  coupon  special  deposits 
the  suh-account  "Coupon  Interest  Matured"  should  he  charged  and  the  account 
"Coupon  Special  Deposit"  credited. 

(355.)     Dividends  Declared. 

When  any  dividend  is  declared  it  shall  be  credited  to  this  account 
and  here  remain  until  it  is  paid,  when  it  shall  be  charged  to  this  account 
and  credited  to  "Cash"  or  other  suitable  account 

(356.)     Bills  Payable. 

Wrhen  any  note,  draft,  or  other  bill  payable  which  matures  not  later 
than  one  year  after  date  of  issue  (or  of  demand)  or  assumption  by 
the  corporation  of  primary  liability  thereon  is  issued  or  assumed,  the 
par  value  thereof  shall  be  credited  to  this  account,  and  when  it  is  paid 


Uniform  Accounts — Gas  Corporations  27 

it  shall  be   charged   to   this   account   and   credited   to   "Cash"    or    other 
suitable  account. 

(G357a.)     Consumers'  Deposits — Gas. 

Credit  to  this  account,  as  such  deposits  are  made,  all  cash  deposited 
with  the  corporation  by  consumers  as  security  for  the  payment  of  gas 
bills.  Deposits  refunded  shall  be  charged  to  this  account  and  credited 
to  "Cash."  Deposits  applicable  to  uncollectible  or  worthless  gas  bills 
shall,  at  the  close  of  the  fiscal  year  (or  earlier,  at  the  option  of  the 
accounting  corporation),  be  credited  to  the  account  of  the  consumer 
involved  and  debited  to  this  account. 

(357b.)     Other  Accounts  Payable. 

Credit  to  this  account  when  incurred  all  liabilities  of  the  corporation 
upon  open  accounts,  except  those  provided  for  in  the  foregoing  account 
"Consumers'  Deposits." 

(358.)     Other  Unfunded  Debt. 

Credit  to  this  account  at  face  value  all  unfunded  debt  upon  which 
the  corporation  is  liable  and  which  is  not  elsewhere  provided  for. 

37.  Reserves. — Reserves  shall  be  classified  as  Permanent  and  Tempo- 
rary. 

38.  Permanent  Reserves  defined.— By  Permanent  Reserves  are  meant 
those  that  must  be  maintained  intact  during  the  life  of  the  corporation. 
Permanent  reserves  shall  be  classified  into  the  two  classes:  Premiums 
on  Stocks  and  Other  Permanent  Reserves. 

(371.)     Premiums  on  Stocks. 

Premiums  on  stocks  shall  be  sub-classified  with  respect  to  the  several 
classes  of  stocks,  for  definitions  of  which  see  accounts  under  the  head 
"Stocks."  A  sub-account  shall  be  kept  for  each  particular  class  of 
stocks,  and  such  sub-accounts  shall  be  severally  entitled: 

Premiums  on  Debenture  Stocks, 

Premiums  on  First  Preferred  Stocks, 

Premiums  on  Second  Preferred  Stocks,  etc.,  and 

Premiums  on  Common  Stocks. 

When  a  premium  is  realized  upon  an  issue  of  any  particular  class  of 
stock,  such  premium  shall  be  credited  to  the  sub-account  above  provided 
for  such  class  of  stock,  and  such  credit  shall  remain  in  such  account 
so  long  as  such  stock  remains  outstanding.  By  a  premium  realised  (as 
the  words  are  above  used)  is  meant  the  excess  of  the  actual  money 
value  (at  the  time  of  issue  of  the  stock)  of  the  consideration  received 
for  such  issue  over  the  par  value  of  the  amount  of  stock  issued.  If  the 
stock  is  issued  by  the  corporation  to  its  treasurer  or  other  agent,  the 
excess  of  the  actual  money  value  of  the  consideration  obtained  by  such 
agent  in  exchange  for  such  stock  over  the  par  value  thereof  shall  be  con- 
sidered the  premium  realized. 


28  Public  Service  Commission — First  District 

(372.)     Other  Permanent  Reserves. 

Credit  to  this  account  all  reserves  not  above  provided  for  created  to 
remain  intact  until  the  dissolution  of  the  corporation.  A  separate  sub- 
account shall  be  created  for  each  particular  purpose  for  which  a  reserve 
is  raised,  and  the  purpose  of  the  reserve  shall  be  designated  in  the 
title  of  the  account  thereof  and  shall  be  expressed  in  full  in  the  first 
entry  in  such  account. 

39.  Temporary  Reserves  defined.— By  Temporary  Reserves  are  meant 
those  that  are  not  intended  to  remain  intact  during  the  life  of  the 
corporation.  Temporary  Reserves  shall  be  classified  as  Contractual  Re- 
serves and  Non-contractual  Reserves. 

40.  Contractual  Reserves  defined.—  Contractual  Reserves  are  reserves 
necessitated  by  contracts  of  the  corporation,  as  e.  g.,  reserves  to  cover 
sinking  funds  provided  for  in  mortgages,  etc.  A  separate  sub-account 
shall  be  raised  for  each  particular  contractual  reserve,  and  to  such 
account  shall  be  credited  all  appropriations  and  accumulations  made  in 
accordance  with  the  contract  provisions  under  which  such  reserve  is 
created.  The  purpose  of  the  reserve  shall  be  designated  in  the  title  of 
the  account  thereof  and  shall  be  expressed  in  full  in  the  first  entry  in 
such  account. 

41.  Non-contractual  Reserves  defined.— Non-contractual  Reserves  are 
such  temporary  reserves  as  are  raised  without  being  required  under 
any  contract.  Non-contractual  reserves  are  divided  into  Required  and 
Optional. 

42.  Required  Reserve  accounts. — Required  reserves  are  provided  for 
in  the  following  accounts : 

(374.)     Accrued  Amortization  of  Capital. 

Credit  to  this  account  such  amounts  as  are  charged  from  time  to 
time  to  "Operating  Expenses,"  or  other  accounts  to  cover  depreciation 
of  plant  and  equipment,  and  other  amortization  of  capital.  When  any 
capital  is  retired  from  service,  the  original  money  cost  thereof  (esti- 
mated if  not  known,  and  where  estimated,  that  fact  and  the  facts  upon 
which  the  estimate  is  based  shall  be  stated  in  the  entry),  less  salvage, 
shall  (except  as  provided  in  the  account  (No.  G100)  "Fixed  Capital, 
December  31,  1908,")  be  charged  to  this  account.  The  amount  originally 
entered  or  contained  in  the  charges  to  any  capital  account  in  respect 
of  such  capital  so  going  out  of  service  shall  be  credited  to  such  cap- 
ital account,  and  any  necessary  adjusting  entry  made  to  the  appro- 
priate sub-account  under  the  account  "Corporate  Surplus  or  Deficit." 

(375.)     Unamortized  Premium  on  Debt. 

When  funded  debt  securities  or  other  evidences  of  indebtedness  are 
disposed  of  for  a  consideration  whose  cash  value  is  greater  than  the 
sum  of  the  par  value  of  such  securities  or  other  evidences  of  indebted- 
ness and  the  interest  thereon  accrued  at  the  time  the  transfer  takes 
place,  the  excess  of  the  cash  value  of  such  consideration  received  over 
the  sum  of  the  par  value  of  the  securities  or  other  evidences  of  in- 


Uniform  Accounts — Gas  Corporations  29 

debtedness  and  the  accrued  interest  shall  be  credited  to  this  account. 
At  monthly  intervals  thereafter  a  proportion  of  such  premium  based 
upon  the  life  of  the  security  or  other  evidence  of  indebtedness  to 
maturity  shall  be  charged  to  this  account  and  credited  to  "Amortization 
of  Premium  on  Debt"  in  "Income"  account;  or  at  the  option  of  the  cor- 
poration the  charge  to  this  account  may  be  delayed  to  a  time  not  later 
than  the  date  of  maturity  of  the  debt,  in  which  case  the  proportion 
applicable  to  the  period  covered  by  the  then  current  income  account 
shall  be  credited  to  the  account  "Amortization  of  Premium  on  Debt," 
and  the  remainder  of  the  credit  shall  be  to  the  account  "Other  Addi- 
tions to  Surplus." 

(376.)     Other  Required  Reserves. 

Credit  to  this  account  all  required  reserves  not  elsewhere  provided 
for.  The  first  entry  of  a  credit  to  this  account  with  respect  to  any 
particular  reserve  shall  show  the  purpose  of  the  reserve,  and  every 
subsequent  entry  with  respect  to  that  reserve  shall  designate  the  reserve 
to  which  it  relates. 

43.  Optional  Reserve  accounts. —  Optional  Reserves  are  those  the  crea- 
tion of  which  is  solely  within  the  discretion  of  the  corporation.  For 
such  reserves  the  following  two  accounts  are  provided: 

(381.)     Casualties  and  Insurance  Reserve. 

When  any  admitted  liability  arises  because  of  loss  or  damage  to  the 
property  of  others,  or  of  injuries  to  employees  or  other  persons,  the 
amount  of  the  liability  may  (if  not  previously  provided  for  by  insur- 
ance or  self-insurance)  be  charged  to  the  appropriate  operating  expense 
or  other  accounts  and  credited  to  this  account,  against  which  (in  such 
case)  the  actual  cost  of  satisfaction  of  the  liability  shall  be  charged 
when  the  matter  is  determined.  If  the  extent  of  the  liability  can  not 
be  ascertained  promptly  after  the  liability  arises,  it  may  be  estimated 
as  accurately  as  practicable  for  the  purpose  of  determining  the  imme- 
diate charge  to  the  expense  or  other  appropriate  account,  in  which 
case  the  matter  shall  be  adjusted  when  the  extent  of  the  liability  is 
definitely  ascertained.  If  the  loss  is  of  such  character  that  it  is  in  the 
whole  or  in  part  indemnifiable  under  any  contract  of  insurance  carried 
by  the  corporation,  the  indemnifiable  portion  of  the  loss  shall  be  charged 
to  the  insurer  and  credited  to  "Casualties  and  Insurance  Reserve." 
Also  credit  to  this  account  the  amounts  charged  to  the  operating  ex- 
pense account  "Insurance"  to  cover  self -carried  risks. 

(382.)     Other  Optional  Reserves. 

A  sub-account  shall  be  raised  for  each  particular  reserve,  and  its  title 
shall  designate  the  purpose  of  such  reserve  and  the  first  entry  therein 
shall  express  in  full  such  purpose. 

44.  Stocks  defined. — By  Stocks  of  a  corporation,  as  the  term  is  here 
used,  are  meant  those  securities  which  represent  permanent  interests 
in  the  corporation  or  interests  which,  if  terminable,  are  so  only  at  the 
option  of  the  corporation. 


30  Public  Service  Commission — First  District 

45.  Stocks  classified. — Stocks  are  classified  as — 
Debenture  Stocks, 

First  Preferred  Stocks, 

Second  Preferred  Stocks,  etc.,  and 

Common  Stocks. 

46.  Debenture  Stocks  defined. —  Debenture  Stocks  are  those  issued  un- 
der a  contract  to  pay  absolutely  thereon  at  specified  intervals  a  specified 
return. 

47.  First  Preferred  Stocks  defined. — First  Preferred  Stocks  are  those 
which  have  the  first  claim  upon  such  dividends  as  may  be  distributed. 
They  may  be  cumulative  or  non-cumulative,  participating  or  non-par- 
ticipating. If  cumulative,  the  amount  by  which  the  dividend  at  any 
dividend  period  fails  to  reach  the  stipulated  rate  is  carried  forward  to 
continue  as  a  claim  upon  dividends  until  satisfied;  if  non-cumulative, 
such  amount  lapses.  If  a  first  preferred  stock  is  participating,  it  is  not 
limited  to  the  stipulated  rate  in  the  amount  of  dividends  which  it  may 
receive,  but  is  entitled  to  participate,  in  accordance  with  the  terms  of 
the  contract  under  which  it  is  issued,  in  further  dividends;  if  non- 
participating,  it  is  limited  to  the  stipulated  rate. 

48.  Second  Preferred  Stocks  defined.-  Second  Preferred  Stocks  are 
those  whose  claims  in  the  distribution  of  dividends  are  next  after  those 
of  first  preferred  stocks.  These  stocks  may  also  be  cumulative  or  non- 
cumulative,  participating  or  non-participating. 

49.  Common  Stocks  defined. — Common  Stocks  are  those  whose 
claims  in  the  distribution  of  dividends  are  subordinate  to  the  claims 
of  all  other  stocks. 

50.  Voting  Powers. — Stocks  differ  also  in  regard  to  the  voting  powers 
incident  to  ownership  of  them. 

51.  Retirement  of  Stocks. — Stocks  are  sometimes  Issued  under  con- 
tracts wherein  the  issuing  corporation  reserves  to  itself  the  right  to 
retire  them  at  its  option,  either  absolute  or  subject  to  conditions  ex- 
pressed in  the  contracts  whereunder  the  stocks  are  issued. 

52.  Separate  account  required  for  each  class  of  stocks. — In  the  ac- 
counts of  stocks  outstanding,  a  separate  account  shall  be  raised  for 
each  class  of  stock  issued,  and  no  two  stocks  shall  be  considered  of 
the  same  class  unless  they  are  equal  in  their  interest  or  dividend  rights, 
their  voting  rights,  and  the  conditions  under  which  they  may  be  retired. 
The  characteristics  of  any  class  of  stocks  in  these  three  regards  shall 
be  designated  in  the  title  of  the  account  raised  to  cover  such  stocks, 
and  shall  be  clearly  expressed  in  the  first  entry  in  such  account.  To 
the  account  for  any  class  of  stocks  shall  be  credited  when  issued  at 
par  value  of  the  amount  of  stock  of  that  class  issued.  If  such  issue  is 
for  money,  that  fact  shall  be  stated;  and  if  for  any  other  consideration 
than  money,  the  person  to  whom  issued  shall  be  designated,  and  the 
consideration  for  which  issued  shall  be  described  with  sufficient  par- 
ticularity to  identify  it;  if  such  issue  is  to  the  treasurer,  or  other  agent 

*of  the  corporation,  to  be  by  him  disposed  of  for  the  benefit  of  the  cor- 
poration, that  fact  and  the  name  of  such  agent  shall  be  shown;  and  such 


Uniform  Accounts — Gas  Corporations  31 

agent  shall  in  his  account  of  the  disposition  thereof  show  the  like 
details  concerning  the  consideration  realized  thereon,  which  account 
when  accepted  by  the  corporation  shall  be  preserved  as  a  corporate 
record.  If  the  fair  cash  value  of  the  consideration  realized  upon  the 
issue  of  any  amount  of  stock  is  greater  than  the  par  value  of  such 
stock,  the  excess  shall  be  credited  to  the  account  "Premiums  on  Stocks," 
and  the  corresponding  reference  thereto  shall  be  contained  in  the  entry 
relating  to  such  stock  in  the  stock  account. 


SCHEDULE  B, 


INCOME    ACCOUNT 

1.  Income  and  Indicant  accounts  compared. — A  comparison  of  the 
balances  in  the  foregoing  accounts  (Schedule  A)  at  any  particular 
moment  will,  if  the  accounts  have  been  properly  kept,  show  the  then 
existing  conditions  of  a  corporation's  affairs  so  far  as  such  condition 
can  be  shown  through  the  accounts.  The  group  of  accounts  just  defined 
is  sometimes  called  the  Balance  Sheet  or  Indicant  accounts.  Their  bal- 
ances indicate  the  condition  of  the  corporation  at  any  particular  time. 
These  accounts  with  their  subsidiary  accounts  are  all  that  are  necessary 
prior  to  the  time  when  the  corporation  becomes  what  may  be  called  a 
"going  concern." 

When  a  corporation  begins  operations  it  requires  an  additional  group 
of  accounts  in  which  to  classify  in  convenient  form  the  accounting 
history  of  the  various  changes  it  undergoes.  Such  group  of  accounts 
brings  together  or  accumulates  the  account  of  the  various  incidents 
of  the  corporation's  history.  This  group  of  accounts  may  be  called 
the  Income  account.  They  are  made  up  usually  on  a  yearly  basis 
and  are  closed  into  one  grand  account  called  "Corporate  Surplus  or 
Deficit,"  which  ties  together  this  group  of  accounts  and  the  preceding 
group. 

2.  Divisions  of  Income  account. — The  principal  divisions  of  this 
group  of  accounts  are  the  Revenue  accounts,  the  Revenue  Deduction 
accounts,  the  Income  Deduction  accounts,  and  the  Appropriation  ac- 
counts. 

3.  Revenues  defined. — By  Revenues,  as  the  word  is  used  herein,  are 
meant  all  amounts  of  money  which  the  corporation  receives  or  becomes 
lawfully  entitled  to  recover  for  services  rendered,  for  products  sold, 
as  gross  profits  on  merchandise  sold,  or  as  a  return  upon  its  property 
(or  interests  in  property).  Revenues  are  classified  as  Operating  Rev- 
enues and  Non-operating  Revenues. 

4.  Operating  Revenues  defined.— Operating  Revenues  are  those  de- 
rived from  the  sale  of  products  and  merchandise,  from  services  ren- 
dered, and  from  return  on  property  used  by  the  person  or  corporation 
in  its  own  operations. 

5.  Non-operating  Revenues  defined.— Non-operating  Revenues  are  those 
derived  as  a  return  upon  the  property  of  the  corporation  in  the  hands 
of  others  or  from  its  interests  in  property  in  the  hands  of  others. 
They  may  be  sub-classified  as  Rents,  Interest,  Dividends,  and  Miscel- 
laneous. 

6.  Revenue  Deductions  defined.—  Revenue  Deductions  include  Ex- 
penses, Taxes  and  Uncollectible  Bills. 


Uniform  Accounts — Gas  Corporations  33 

7.  Expenses  defined.—  Expenses  are  those  outgoes  (including  capital 
consumed)  necessary  to  the  production  of  the  commodities  sold  and 
the  services  rendered,  and  to  the  collection  of  the  revenues.  They 
are  divided  into  Operating  Expenses  and  Non-operating  Expenses. 
Operating  Expenses  are  those  incident  to  the  operating  revenues. 

8.  Taxes  defined.—  Taxes  are  those  annual  or  other  payments  exacted 
by  governments  for  the  purpose  of  raising  funds  for  public  uses. 

9.  Uncollectible  Bills  defined. — When  a  corporation  is  engaged  regu- 
larly in  rendering  to  general  consumers  a  service,  or  in  supplying  to 
such  consumers  a  commodity  (as  e.  g.,  electric  energy  or  gas  for  light, 
heat,  or  power),  current  accounts  or  claims  against  such  consumers  for 
such  service  rendered  or  commodity  supplied  which  are  incapable  of 
collection  by  the  exercise  of  reasonable  diligence  are  included  under  the 
name  Uncollectible  Bills. 

10.  Gross  Income,  Income  Deductions,  and  Net  Corporate  Income  de- 
fined.— Revenues,  diminished  by  expenses,  taxes,  and  uncollectible 
bills,  give  an  amount  called  Gross  Income,  which  is  applicable  to  cor- 
porate and  leased  properties.  Gross  income  is  subject  to  several  com- 
pulsory deductions,  mostly  contractual,  like  rent,  interest,  etc.,  and  the 
remainder  after  these  are  made  is  called  Net  Corporate  Income,  which 
being  subject  only  to  the  discretion  of  the  corporation  is  most  con- 
veniently carried  directly  to  the  corporate  surplus.  The  accounts 
covering  the  compulsory  deductions  from  gross  income  as  above  defined, 
are  called  the  Income  Deduction  accounts. 

11.  Appropriation  accounts  defined. — The  accounts  covering  the 
yearly  changes  in  the  corporate  surplus  are  called  the  Appropriation 
accounts,  since  practically  all  of  the  matters  covered  by  them  are 
within  the  discretion  of  the  corporation,  although  they  also  include 
certain  adjustments  made  because  of  facts  of  previous  years  imperfectly 
accounted  for  at  the  time  (whether  through  error  or  through  lack  of 
information),  and  certain  other  minor  matters  like  extraordinary  ex- 
penses not  chargeable  as  deductions  from  revenues;  also  such  matters 
as  profits  on  the  sale  of  capital,  and  profits  and  losses  on  the  sale  of 
investments. 

12.  Definitions  of  Gas  Operating  Revenue  accounts. — Credits  to  the 
various  revenue  accounts  shall  be  made  upon  the  basis  of  bills  rendered 
or  of  gross  prices.  Discounts  for  prompt  payment,  corrections  of  over- 
charges, overcollections  theretofore  credited  and  afterward  corrected, 
authorized  abatements  and  allowances,  and  other  corrections  and  de- 
ductions shall  be  charged  to  the  revenue  account  to  which  they  relate. 
In  the  following  definitions  of  accounts  the  letters  and  numbers  pre- 
fixed to  the  titles  are  inserted  solely  for  convenience  of  reference  and 
are  no  part  of  the  titles  or  of  the  definitions: 

(431.)     Municipal  Street  Lighting — Gas1 
Credit  to  this  account  all  revenues  derived  from  lighting  streets   for 


1  Charges  to  this  and  the  following  revenue  accounts  must  be  made  in  such 
wise  as  to  permit  their  classification  in  the  annual  report  of  the  corporation 
to  the  Public  Service  Commission. 


34  Public  Service  Commission — First  District 

municipal  corporations  by  means  of  gas,  or  from  supplying  gas  therefor. 
Note. — In   the   foregoing   account   the   word    "streets"    is   to   be   interpreted   to 
include  parks,  plazas,  and  all  other  public  places  not  classified  as  buildings. 

(432.)     Lighting  Municipal  Buildings— Gas. 

Credit  to  this  account  all  revenues  derived  from  lighting  municipal 
buildings  by  means  of  gas,  or  from  gas  supplied  for  such  purposes,  or 
for  heat  or  power  in  municipal  buildings  where  such  gas  is  supplied  at 
lighting  rates  and  is  not  separately  measured. 

(433.)     Municipal  Heat  and  Power — Gas. 

Credit  to  this  account  all  revenues  derived  from  municipal  corpora- 
tions for  gas  supplied  at  special  heat  or  power  rates  to  such  corpora- 
tions for  the  production  of  heat  and  power. 

(434.)     Miscellaneous  Gas  Revenue — Municipal. 

Credit  to  this  account  all  revenues  derived  from  supplying  gas  to 
municipal  corporations  and  not  provided  for  in  the  foregoing  accounts; 
also  those  from  the  letting  of  engines  and  other  gas  equipment  to  such 
corporations. 

(435.)    Prepaid  Gas. 

Credit  to  this  account  all  revenue  derived  from  the  sale  of  prepaid 
gas  delivered  through  so-called  "prepayment  meters." 

(436.)    Commercial  Metered  Lighting — Gas. 

Credit  to  this  account  all  revenues  derived  from  all  consumers  except 
municipal  corporations  for  gas  measured  through  ordinary  meters  and 
supplied  for  lighting  at  lighting  rates. 

Notb  A. — Where  gas  flowing  through  any  ordinary  meter  is  used  by  any 
other  consumer  than  a  municipal  corporation  for  lighting  and  incidentally  for 
heating  or  power  purposes,  the  revenues  derived  therefrom  shall  be  credited 
to   this   account. 

Notb  B. — This  account  does  not  include  gas  sold  or  supplied  to  other  gas 
corporations  for  distribution;  for  such  gas,  see  account  (No.  438),  "Other  Gas 
Corporations". 

(437.)     Commercial   Heat  and   Power — Gas. 

Credit  to  this  account  all  revenues  derived  from  all  consumers  except 
municipal  corporations  for  gas  supplied  for  heat  or  power  at  special 
heat  or  power  rates. 

Notb. — This  account  does  not  include  gas  sold  or  supplied  to  other  gas  cor- 
porations for  distribution;  for  such  gas,  see  the  account  (No.  438),  "Other  Gas 
Corporations". 

(438.)     Other  Gas  Corporations. 

Credit  to  this  account  all  revenues  derived  from  gas  sold  or  supplied 
to  other  gas  corporations  to  be  by  them  distributed  through  their  own 
pipes  to  consumers.  If  any  portion  of  such  gas  is  incidentally  consumed 
by  such  corporations   for  their  own  benefit,  whether  for  light,  heat,  or 


Uniform  Accounts — Gas  Corporations  35 

power,  it  shall  be  included  herein,  if  not  separately  measured,  or  if  in- 
cluded under  the  same  contract  with  that  which  is  distributed  by  them 
to  consumers. 

(439.)     Commissions  on  Others'  Gas. 

Credit  to  this  account  all  revenue  accruing  to  the  corporation  for 
distributing  gas  of  other  companies  through  its  pipes,  selling  the  same, 
and  for  all  other  services  performed  in  connection  therewith. 

Note. — In  case  the  corporation  distributes  through  its  pipes  the  gas  of 
another  company,  the  corporation  shall  charge  "Cash"  or  the  appropriate  sub- 
account (or  accounts)  under  "Accounts  Receivable"  with  the  value  of  the  gas 
of    such    other    company,    supplied    by    the    corporation    to    consumers,    and    shall 

enter  a  corresponding  credit  to  a  clearing  account   "Gas  Supplied  by    

Company,  and  Distributed  by  this  Corporation   [or,   'by    

,'  naming  the  corporation  keeping  the  account] "  which  account  shall 

monthly  be  cleared  by  charging  to  such  clearing  account  the  amount  neces- 
sary to  balance,  and  crediting  to  the  account  "Commissions  on  Others'  Gas" 
the  Corporation's  proportion  of  the  total  revenue,  and  to  the  account  of  the 
company  supplying  such  gas  to  the  corporation  that  company's  proportion  of  such 
total  revenue. 

(440.)     Rent  of   Gas   Appliances. 

Credit  to  this  account  all  revenues  derived  from  the  letting  of  gas 
engines,  heating  appliances,  lamps,  and  other  gas  apparatus  and  appli- 
ances (except  meters)  to  others  than  municipal  corporations.  Where 
the  contract  of  letting  names  only  a  single  consideration  for  both  the 
letting  and  the  maintenance  of  the  appliances  so  let,  the  entire  revenue 
shall  be  included  in  this  account. 

(441.)     Gas  Merchandise  and  Jobbing  Revenue. 

Credit  to  this  account  all  receipts  from  the  sale  of  gas  merchandise 
and  from  gas  jobbing.  Charge  to  this  account  the  cost  to  the  accounting 
corporation  of  gas  merchandise  sold,  such  cost  including  transportation 
charges  paid  on  such  goods. 

Credit  also  to  this  account  the  profit  or  commission  accruing  to  the 
corporation  on  all  jobbing  work  performed  by  it  as  agent  under  agency 
contracts,  whereunder  it  undertakes  to  do  jobbing  work  for  another  for 
a  stipulated  profit  or  commission  upon  its  actual  expense  for  labor, 
materials,  and  supplies. 

Note  A. — In  its  annual  reports  to  the  Public  Service  Commission  the  re- 
porting corporation  will  be  required  to  analyze  the  credits  and  debits  to  this 
account. 

Note  B. — This  account  does  not  include  receipts  from  the  sale  of  superseded 
equipment,  or  of  junk  or  other  scrap  or  salvage. 

(442.)     Sale  of  Residuals  and  Byproducts. 

Credit  to  this  account  all  revenue  derived  from  the  sale  of  residuals 
and  byproducts. 

This  account  shall  be  so  kept  as  to  enable  the  corporation  to  show  in 
its  annual  report  to  the  Public  Service  Commission  the  amounts  of 
revenue  derived  from  the  following  sources: 


36  Public  Service  Commission — First  District 

Sale  of  Gas  Coke. 

Sale  of  Coal-gas  Tar. 

Sale  of  Water-gas  Tar. 

Sale  of  Ammoniacal  Liquor. 

Sale  of  Other  Residuals  and  Byproducts. 

Notb  A. — The  amount  of  revenue  from  the  sale  of  any  residual  or  byproduct 
shall  be  determined  by  the  price  received  at  the  point  of  delivery  to  the  pur- 
chaser, and  any  expense  incurred  by  the  corporation  in  effecting  delivery  shall 
be  charged  to  the  appropriate  operating  expense  account. 

Note  B. — Residuals  and  byproducts  consumed  by  the  corporation  shall  not 
be  credited  to  the  account   "Sale  of  Residuals  and  Byproducts." 

(443.)    Joint  Gas  Rent  Revenue. 

When  any  corporation  engages  in  gas  operations  for  the  production  of 
some  of  its  product  for  the  benefit  of  another  or  others  under  an  ar- 
rangement for  apportioning  the  expense  upon  the  basis  of  the  relative 
amounts  of  benefit  to  the  several  participants  in  the  arrangement,  if 
such  arrangement  provides  for  the  receipt  by  the  corporation  of  any 
profit  or  return  upon  its  property,  such  profit  or  return  upon  property 
shall,  as  it  accrues,  be  credited  month  by  month  to  this  account.  Such 
profit  or  return  must  be  over  and  above  any  provision  for  wear  and 
tear  and  depreciation  of  plant  involved  in  the  said  production,  and  the 
amount  thereof  must  be  as  provided  in  the  arrangement  under  which 
the  joint  production  occurs. 

(444.)    Other  Miscellaneous  Gas  Revenue. 

Credit  to  this  account  all  revenues  derived  from  others  than  municipal 
corporations  for  the  supply  of  gas  and  from  other  gas  operations  not 
includible  in  any  of  the  foregoing  accounts. 

13.  Revenue  from  Outside  Operations. — The  detailed  revenue  ac- 
counts for  operations  other  than  the  above  mentioned  will  be  provided 
for  elsewhere. 

14.  Operating  Expenses  defined. — By  the  operating  expenses  of  a  cor- 
poration are  meant  such  expenses  as  are  necessary  to  the  maintenance 
of  the  corporate  organization,  the  rendering  of  services  required  or 
authorized  by  law,  the  sale  of  merchandise,  the  production  (including 
herein  capital  consumed)  and  disposition  of  the  commodities  produced, 
and  to  the  collection  of  the  revenues  therefor.  Expenses  directly  inci- 
dent to  the  collection  of  non-operating  revenues  and  the  maintenance 
of  the  property  from  which  non-operating  revenues  are  derived  are  ex- 
cluded from  operating  expenses. 

15.  Definitions  of  certain  terms  used  in  connection  with  expense 
accounts. — Except  where  some  other  meaning  is  clearly  specified  in 
the  definitions  of  the  accounts,  the  following  words,  wherever  used 
hereunder,  have  the  meanings  below  stated: 

Cost  means  cash  or  money  cost,  and  not  price  based  on  a  term  of 
credit. 

Labor  means  human  services  of  whatever  character. 

Cost  of  labor  includes  wages,  salaries,  and  fees  paid  to  persons  for 
their  services. 


Uniform  Accounts — Gas  Corporations 


37 


Cost  of  materials  and  supplies  includes  all  specifically  assignable 
transportation  charges  incurred  in  obtaining  the  delivery  of  such  ma- 
terials and  supplies  upon  the  premises  of  the  purchaser,  and  cost  of 
any  special  tests  made  thereon  prior  to  their  acceptance;  and  in  case 
the  accounting  person  or  corporation  desires,  it  may  include  a  suitable 
proportion  of  store  expenses  (when  the  materials  and  supplies  are  passed 
through  stores)  and  the  cost  of  further  transportation  to  the  place  of 
consumption,  and  a  suitable  proportion  of  the  expenses  of  the  purchas- 
ing department,  in  which  case  a  corresponding  credit  shall  be  made  to 
the  suitable  expense  account  as  hereinafter  provided. 

Cost  of  repairs,  when  made  by  the  accounting  person  or  corporation, 
includes  cost  of  labor  expended  and  material  consumed,  less  salvage, 
if  any. 

Note. — It  is  not  required  that  the  transportation  element  of  cost  shall  be 
assigned  with  a  greater  degree  of  accuracy  than  to  the  nearest  cent  per  nnit 
of  material  or  supply.  Where  a  single  transportation  item  covers  a  multitude 
of  things  the  portion  of  the  expense  not  assigned  to  specific  things  should  be 
charged  to  the  same  account  that  store  expenses  are  charged  to. 

16a.  Classification  of  Gas  Operating  Expenses. — For  the  purposes  of 
this  classification  gas  corporations  are  divided  into  two  classes  desig- 
nated respectively  as  Large  Companies  and  Small  Companies.  The 
term  "Large  Companies"  shall  include  all  corporations  having  an  annual 
revenue  from  gas  operations  of  more  than  $500,000;  all  other  corpora- 
tions shall  be  classed  as  "Small  Companies."  Large  companies  are 
required  to  keep  as  primary  accounts  the  accounts  defined  in  the  text 
below;  while  small  companies  may  consolidate  certain  accounts  in 
accordance  with  the  following  list: 


SMALL  COMPANIES. 

I.    Pkoduction  Expenses. 

(601)     Gas  Making  Labor. 


(602)  Boiler  Fuel. 

(603)  Water. 

(604a)  Fuel  under  Retorts. 

(604b)  Coal  Carbonized. 

(605)  Coal  Gas  Enricher. 

(606)  Generator  Fuel. 

(607)  Water  Gas  Oil. 

(608)  Purification  Supplies. 

(609)  Miscellaneous  Works  Expense. 

(610)  Repairs     of     Works     and     Station 

Structures. 


(610.5)  Repairs  of  Power  Plant.. 


LARGE   COMPANIES. 

I.    Production  Expenses. 

"(601a)  Works  Superintendence. 

(601b)  Boiler  House  Labor. 

(601c)  Retort  House  Labor. 

(601d)  Generator  House  Labor. 

(601e)  Purifier  House  Labor. 

(601f)  Miscellaneous  Labor  at  Works. 

(602)  Boiler  Fuel. 

(603)  Water. 

(604a)  Fuel  under  Retorts. 

(604b)  Coal  Carbonized. 

(605)  Coal  Gas  Enricher. 

(606)  Generator  Fuel. 

(607)  Water  Gas  Oil. 

(608)  Purification  Supplies. 

(609)  Miscellaneous  Works  Expense. 

(610)  Repairs     of     Works     and     Station 

Structures. 
(G508)     Repairs   of   Furnaces,   Boilers   and 

Accessories. 
(G509)     Repairs  of  Steam  Engines. 
(G511b)  Repairs  of  Gas  Engines. 
(G513)     Repairs    of    Miscellaneous    Power 

Plant  Equipment. 


3S 


Public  Service  Commission — First  District 


SMALL  COMPANIES.— Continued. 


(611.5)  Repairs  of  Gaa  Apparatus. 


(015)     Repairs  of  Works  Tools. 

(616)  Gas  Storage. 

(617)  Gas  from  other  Sources. 


LARGE  COMPANIES.— Continued. 

(611)  Repairs  of  Benches  and  Retorts. 
(Golla)  Repairs    of    Water    Gas    Sets    and 

Accessories. 

(612)  Repairs  of  Purification  Apparatus. 

(613)  Repairs  of  Holders. 

(614)  Repairs    of    Miscellaneous    Equip- 

ment. 
'(615)       Repairs  of  Works  Tools. 

(616)  Gas  Storage. 

(617)  Gas  from  other  Sources. 


II.     Transmission    and    Distribution    Ex- 
penses. 

(631)  Transmission  Pumping. 

(632)  Distribution    Superintendence. 

(633)  Distribution  Supplies  and  Expenses. 
(634a)   Gas  Meter  and   Installation  Work. 
(634b)  Work  on  Consumers*  Premises. 

(635)  Repairs  of  Gas  Mains. 

(636)  Repairs  of  Gas  Services. 

(637)  Repairs  of  Gas  Meters. 

(638)  Repairs  of  Distribution  Tools. 

(639)  Repairs  of  Gas  Appliances. 


II.     Transmission    and    Distribution     Ex- 
penses. 

(631)  Transmission  Pumping. 

(632)  Distribution   Superintendence. 

(633)  Distribution  Supplies  and   Expenses. 
(634a)  Gas  Meter  and  Installation  Work. 
(634b)   Work  on  Consumers'   Premises. 

(635)  Repairs  of  Gas  Mains. 

(636)  Repairs  of  Gas  Sen  ices. 

(637)  Repairs  of  Gas  Meters. 

(638)  Repairs  of  Distribution  Tools. 

(639)  Repairs  of  Gas  Appliances. 


HI.       Municipal     Street     Lighting  Ex-       III. 

PENSE8. 

(641)  Street  Lamp  Operating.  (641) 

(642)  Street  Lamp  Repairs.  (642) 


Municipal     Street     Lighting     Ex- 
penses. 
Street  Lamp  Operating. 
Street  Lamp  Repairs. 


IV.    Commercial  Expenses. 

(G551)     Commercial   Administration — Gas. 

(G552)     Promotion  Office  Expense — Gas. 

(G553)     Advertising — Gas. 

(G554)     Canvassing  and  Soliciting — Gas. 


IV.     Commercial  Expenses. 

(G551)     Commercial    Administration — Gas. 

(G552)     Promotion   Office  Expense — Gas. 

(G553)     Advertising — Gas. 

(G554)     Canvassing  and  Soliciting — Gas. 


V.  General  and  Miscellaneous  Expenses. 
G833)  Salaries  and  Expenses  of  General 
Officers. 

(G834)  Salaries  and  Expenses  of  General 
Office  Clerks. 

<G835)  General  Office  Supplies  and  Ex- 
penses. 

(G836)     General  Law  Expenses. 


(G841)     Other  General  Expenses.. 


(G842)     General  Amortization — Gas. 
(G845)     Gas    Expenses    Transferred* — Cr. 
(G846)     Joint  Operating  Expenses— Cr. 


V.    General  and  Miscellaneous  Expenses. 
(G833)     Salaries   and   Expenses  of   General 

Officers. 
(G834)     Salaries  and   Expenses  of   General 

Office  Clerks. 
(G835)     General    Office    Supplies    and    Ex- 
penses. 
(G836)     General  Law  Expenses. 
f(G837)     Miscellaneous  General  Expenses. 
J  (G838)     Insurance. 

J  (G839)     Relief  Department  and  Pensions. 
V.(G840)     Gas  Franchise  Requirements. 
(G842)     General  Amortization — Gas. 
(G845)     Gas    Expenses    Transferred — Cr. 
(G846)     Joint  Operating  Expenses — Cr. 


Uniform  Accounts — Gas  Corporations 


39 


SMALL  COMPANIES.— Continued. 


LARGE  COMPANIES.— Continued. 


r(G847a) 

(G847) 
(G848) 

Injuries  and  Damages. 

J  (G847b) 
(G848) 

General  Stationery  and  Printing. 

(G850) 

Store  Expenses. 

(G850) 

(G851) 

Stable  Expenses. 

(G851) 

(G852) 

Undistributed      Adjustments — Bal- 
ance. 

(G852) 

(G853) 

Duplicate  Gas  Charges — Cr. 

(G853) 

Accidents  and  Damages. 

Law  Expenses  connected  with 
Damages. 

General  Stationery  and  Printing. 

Store  Expenses. 

Stable  Expenses. 

Undistributed  Adjustments — Bal- 
ance. 

Duplicate  Gas  Charges — Cr. 

16b.  Definitions  of  Gas  Operating  Expense  accounts. — In  the  follow- 
ing definitions  of  accounts  the  letters  and  numbers  prefixed  to  the  titles 
are  inserted  solely  for  convenience  of  reference  and  are  no  part  of  the 
titles  or  of  the  definitions: 

GENERAL  ACCOUNTS. 

1.  Production  Expenses. 
II.  Transmission   and   Distribution   Expenses 

III.  Municipal  Street  Lighting  Expenses. 

IV.  Commercial  Expenses. 

V.  General  and  Miscellaneous  Expenses. 


I.    PRODUCTION  EXPENSES. 

Note. — In  case  the  accounting  corporation  operates  two  or  more  separate 
and  distinct  plants  for  the  production  of  gas  it  will  be  required  to  keep  (with 
the  detail  herein  prescribed)  separate  accounts  covering  production  at  the  sev- 
eral plants.  In  case  the  circumstances  of  any  corporation  make  it  impractic- 
able to  allocate  the  cost  of  its  works  labor  among  the  accounts  below  pre- 
scribed, it  should  petition  the  Public  Service  Commission  for  permission  to 
consolidate  two  or  more  of  them.  Such  application  must  set  out  in  full  the 
facts  which  in  the  judgment  of  the  petitioner  make  such  allocation  imprac- 
ticable. 

(601a.)     Works  Superintendence. 

Charge  to  this  account  the  cost  of  labor  of  the  engineer  in  charge  of 
works  and  his  assistants,  also  day  and  night  foremen  and  station  clerks. 

(601b.)     Boiler  House  Labor. 

Charge  to  this  account  the  cost  of  labor  employed  in  weighing  and 
handling  coal,  coke,  and  breeze  from  place  of  storage  to  boilers;  labor 
employed  in  operating  boilers  and  engines  (including  such  labor  as  that 
of  shovellers,  weighers,  boiler  firemen  and  engineers,  and  oilers)  ;  and 
labor  employed  in  pumping  oil  tar  from  generators  through  separators 
to  storage  tanks,  and  from  storage  tanks  to  boilers.  Include  also  such 
labor  as  that  of  pump  house  men. 

(601c.)     Retort  House  Labor. 

Charge  to  this  account  the  cost  of  labor  employed  in  firing  benches, 
charging  and  re-charging  retorts,  patching  and  scurfing  retorts,  cleaning 
pipes  and  lids,  quenching  and  handling  coke  used  under  benches,  and 


40  Public  Service  Commission — First  District 

handling  coal  from  place  of  storage  to  retort  house.  This  includes  such 
labor  as  that  of  foremen,  firemen,  furnacemen,  retort  and  boiler  tenders, 
patchers,  pipemen,  lid  cleaners,  coke  quenchers,  guymen,  riggers,  shov- 
ellers, and  wheelers. 

(60 Id.)     Generator  House  Labor. 

Charge  to  this  account  the  cost  of  labor  employed  in  weighing  and 
handling  coal  and  coke  from  place  of  storage  to  charging  floor,  and 
in  operating,  firing,  clinkering  and  cleaning  generators.  This  includes 
such  labor  as  that  of  shovellers,  weighers,  pumpers,  generator  firemen, 
and  runners. 

(601e.)     Purifier  House  Labor. 

Charge  to  this  account  the  cost  of  labor  employed  in  changing  purifier 
boxes,  revivifying  oxide,  and  removing  spent  oxide  to  refuse  pile.  This 
includes  such  labor  as  that  of  foremen  and  laborers. 

(601f.)     Miscellaneous  Labor  at  Works. 

Charge  to  this  account  the  cost  of  general  labor  in  and  about  the 
works  not  specifically  engaged  in  the  manufacture  of  gas,  such  as  that 
of  watchmen,  janitors,  and  messengers,  laborers  employed  in  cleaning 
up  yards,  removing  snow,  and  cleaning  out  refuse  pile. 

(602.)     Boiler  Fuel. 

Charge  to  this  account  the  cost  (in  storage  pile)  of  fuel  used  under 
boilers.  This  includes  cost  of  fuel  used,  freight,  demurrage  charges, 
labor  employed  in  discharging  and  transferring  fuel  from  point  of 
shipper's  delivery  to  place  of  storage,  and  cartage  employed  in  dis- 
charging and  transferring  fuel  from  point  of  delivery  to  place  of  storage. 

Note. — If  boiler  fuel  is  delivered  from  point  of  shipper's  delivery  to  boilers  by 
other  than  boiler  house  labor,  cost  of  such  labor  should  be  added  to  cost  of  fuel. 

(603.)     Water. 

Charge  to  this  account  the  cost  of  water  used  for  gas  production. 

(604a.)     Fuel  Under  Retorts. 

Charge  to  this  account  the  cost  (in  storage  pile)  of  fuel  used  under 
retorts.  This  includes  cost  of  fuel  used,  freight,  demurrage  charges, 
and  labor  and  cartage  employed  in  discharging  and  transferring  fuel 
from  point  of  shipper's  delivery  to  storage  pile. 

Note. — If  fuel  is  delivered  from  storage  to  retort  house  by  other  than  retort 
house  labor,   cost  of  such  labor  should  be  added  to  cost  of  fuel. 

(604b.)     Coal  Carbonized. 

Charge  to  this  account  the  cost  (in  storage  pile)  of  gas  coal  used  in 
retorts.  This  includes  invoice  cost  of  coal  used,  freight,  demurrage 
charges,  and  labor  and  cartage  employed  in  discharging  and  transferring 
coal  from  point  of  shipper's  delivery  to  storage  pile. 

Note. — If  coal  is  delivered  from  storage  to  retort  house  by  other  than  retort 
house  labor,  cost  of  such  labor  should  be  added  to  cost  of  coal. 


Uniform  Accounts — Gas  Corporations  41 

(605.)     Coal  Gas  Enricher. 

Charge  to  this  account  the  cost  (in  storage)  of  enricher  materials 
used  in  enriching  coal  gas.  This  includes  cost  of  enricher  used,  freight, 
demurrage  charges,  and  labor  and  cartage  employed  in  transferring 
enricher  from  point  of  shipper's  delivery  to  storage. 

(606.)     Generator  Fuel. 

Charge  to  this  account  the  cost  (in  storage  pile)  of  fuel  used  in 
generators.  This  includes  invoice  cost  of  fuel  used,  freight,  demurrage 
charges,  and  labor  and  cartage  employed  in  discharging  and  transferring 
fuel  from  point  of  shipper's  delivery  to  storage  pile. 

Note. — If  generator  fuel  is  delivered  from  storage  to  generator  house  by 
other  than  generator  house  labor,  cost  of  such  labor  should  be  added  to  cost 
of    generator    fuel. 

(607.)    Water  Gas  Oil. 

Charge  to  this  account  the  cost  (in  storage  tanks)  of  gas  oil  or  naphtha 
used  in  making  water  gas.  This  includes  invoice  cost  of  oil  used,  freight, 
demurrage  charges,  and  labor  and  cartage  employed  in  getting  oil  from 
point  of  shipper's  delivery  to  storage  tanks. 

(608.)     Purification  Supplies. 

Charge  to  this  account  the  cost  of  material  used  in  gas  purification. 
This  includes  the  average  cost  of  oxide  actually  used  (the  invoice  cost 
and  freight,  plus  shavings,  plus  labor  and  cartage  necessary  to  store  it. 
plus  the  cost  of  mixing  it),  and  the  invoice  cost  of  lime  actually  used. 

(609.)    Miscellaneous  Works  Expense. 

Charge  to  this  account  the  cost  of  sundry  supplies  and  expenses  in 
connection  with  the  works  not  includible  in  other  accounts.  This  includes 
lubricating  oil,  waste  and  packing,  and  other  small  materials  of  like 
nature  used  in  gas  production;  also  incidental  items,  such  as  telephone, 
ice,  brooms,  mops,  kerosene,  soap,  towels,  and  similar  expenses. 

(610.)    Repairs  of  Works  and  Station  Structures. 

Charge  to  this  account  the  cost  of  all  repairs  of  works  and  station 
structures,  including  permanent  piers  and  other  foundations.  Such 
structures  include  retort  houses,  generator  houses,  purifier  houses,  engine 
houses,  boiler  houses,  meter  houses,  coal  sheds,  coke  sheds,  tar  houses 
and  wells,  oil  tanks,  and  other  structures  for  storage  of  fuel  to  be  con- 
sumed or  carbonized  in  the  production  of  gas  and  the  operations  auxiliary 
thereto;  structures  for  residuals  and  byproducts;  appurtenant  walks, 
fences,  drives,  tramways,  trestles,  etc.,  and  all  fixtures  permanently 
attached  to  such  structures  and  made  a  part  thereof;  also  all  buildings, 
holding  houses,  and  other  structures  at  outlying  holder  stations,  except 
the  holders  and  their  appurtenances. 


42  Public  Service  Commission — First  District 

Notb. — Repairs  of  short-lived  and  especially  provided  foundations  and  set- 
tings for  furnaces  and  boilers,  steam  engines,  gas  engines,  pumps,  generators, 
benches,  condensers,  washers,  scrubbers,  purifiers,  etc.,  shall  not  be  included 
herein.  Such  foundations  and  settings  and  the  apparatus  and  machinery  to 
which  they  pertain  are  not  intended  to  be  included  under  the  term  fixtures 
as  above  used.     Nor  shall  repairs  of  gas  holders  be  included  in  this  account. 

(G508.)     Repairs  of  Furnaces,  Boilers,  and  Accessories. 

Charge  to  this  account  the  cost  of  repairing  all  furnaces,  boilers,  and 
boiler  apparatus  and  accessories  devoted  to  the  production  of  steam  for 
use  in  producing  gas  and  in  furnishing  motive  power  in  gas  works  and 
stations.  This  includes  boilers  and  valves  thereto  attached,  appurtenant 
furnaces  and  grates,  and  flues  leading  to  smoke-stacks  and  chimneys, 
and  the  specially  provided  foundations  and  settings  of  such  boilers  and 
appurtenances.  It  also  includes  mechanical  stokers  and  other  like 
apparatus  for  regulating  the  supply  of  fuel,  etc.,  feed  and  hot  water 
heaters  and  economizers,  injectors,  filters,  feed  pumps,  blower  engines, 
coal  conveyors,  ash  conveyors,  water  pipes,  steam  traps,  drains,  and 
separators;  and  pipes  for  conducting  steam  from  the  boiler  to  the  engine, 
to  condensers,  or  to  the  gas  producers,  exhaust  pipes,  etc.  It  does  not 
include  steam  pipes  whose  primary  purpose  is  the  heating  of  buildings. 

(G509.)     Repairs  of  Steam  Engines. 

Charge  to  this  account  the  cost  of  repairing  all  steam  engines  devoted 
to  use  as  prime  movers  in  gas  works.  This  includes  the  specially  pro- 
vided foundations  and  settings  of  such  engines.  The  engine,  whether 
reciprocating  or  rotary  (such  as  steam  turbines),  shall  be  considered  to 
include  the  throttle  or  inlet  valve  and  the  governor;  also  condensers  and 
air  pumps,  but  not  the  steam  pipe  leading  from  the  boiler,  nor  the 
exhaust  pipe. 

(GSllb.)     Repairs  of  Gas  Engines. 

Charge  to  this  account  the  cost  of  repairing  all  gas  engines  devoted 
to  use  as  prime  movers  in  gas  works  and  stations.  This  includes  the 
specially  provided  foundations  and  settings  of  such  engines.  The  engine 
includes  the  inlet  valve,  governor,  and  ignition  and  starting  apparatus, 
but  not  the  pipe  leading  from  the  gas  holder,  nor  the  exhaust  pipe. 

(G513.)    Repairs  of  Miscellaneous  Power  Plant  Equipment. 

Charge  to  this  account  the  cost  of  repairing  all  miscellaneous  power 
plant  equipment  at  gas  works  which  is  not  includible  in  any  of  the 
foregoing  accounts.  This  includes  such  mechanical  apparatus  as  belts, 
pulleys,  hangers,  countershafts,  and  other  apparatus  intermediary  be- 
tween the  prime  mover  and  the  apparatus  operated,  cranes,  hoists,  etc., 
and  machine  tools  and  such  other  tools  at  power  plants  as  are  proper 
to  be  capitalized,  etc 


Uniform  Accounts — Gas  Corporations  43 

(611.)     Repairs  of  Benches  and  Retorts. 

Charge  to  this  account  the  cost  of  all  repairs  of  benches,  including 
the  retorts  and  their  settings,  and  auxiliary  piping,  including  ascension 
pipes,  and  foul  and  hydraulic  mains. 

(G511a.)     Repairs  of  Water  Gas  Sets  and  Accessories. 

Charge  to  this  account  the  cost  of  repairing  all  water  gas  generators 
and  accessories  devoted  to  the  production  of  gas,  the  specially  provided 
foundations  and  settings  for  such  water  gas  sets,  and  the  flues  leading 
therefrom  to  smokestacks  and  chimneys.  This  account  includes  not  only 
generators,  carbureters,  superheaters,  seals,  and  piping  connected  there- 
with, but  also  blast  apparatus,  oil  and  steam  supplying  apparatus,  oil 
heaters,  etc.  It  does  not  include  pipes  whose  primary  purpose  is  the 
warming  of  buildings. 

(612.)    Repairs  of  Purification  Apparatus. 

Charge  to  this  account  the  cost  of  all  repairs  of  the  apparatus  for 
purifying  gas,  including  condensers,  washers,  scrubbers,  purifiers,  tar 
extractors,   etc.,   and  their  specially   provided   foundations   and   settings. 

(613.)     Repairs  of  Holders. 

Charge  to  this  account  the  cost  of  all  repairs  of  gas  holders  and  ap- 
purtenances at  works  and  of  those  at  district  stations. 

Note. — Repairs  of  holder  housings  shall  he  charged  to  account  No.  610, 
"Repairs  of  Works  and  Station  Structures." 

(614.)    Repairs  of  Miscellaneous  Equipment. 

Charge  to  this  account  the  cost  of  repairing  all  accessory  equipment 
and  apparatus  used  in  the  production  and  storage  of  gas  not  specifically 
provided  for  in  the  foregoing  accounts.  This  account  includes  repairs 
of  exhausters,  station  meters,  governors,  etc.;  apparatus  for  charging 
retorts;  conveyors  for  disposing  of  coke  and  other  products  and  re- 
siduals; tar  and  ammonia  apparatus,  pumps,  pipes,  tanks,  etc. 

(615.)     Repairs  of  Works  Tools. 

Charge  to  this  account  the  cost  of  repairing  such  tools  and  imple- 
ments used  in  the  production  and  storage  of  gas  as  have  been  capitalized. 

(616.)     Gas  Storage. 

Charge  to  this  account  the  cost  of  labor  and  material  (except  repairs) 
employed  in  storing  and  regulating  the  flow  of  gas  to  distributing 
mains  by  holder  pressure.  This  includes  labor  of  firemen,  engineers, 
valvemen,  and  superintendents  when  engaged  on  gas  storage;  and  cost 
of  coal,  coke,  water,  and  incidentals. 

(617.)     Gas  From  Other  Sources. 

Charge  to  this  account  the  cash  purchase  price  of  gas  bought  from 
other  companies  for  distribution  through  the  system  of  the  accounting 


44  Public  Service  Commission — First  District 

corporation;  also  the  corporation's  proportion  of  the  cost  of  production 
(including  maintenance,  but  not  including  any  pure  rent  or  return  upon 
the  value  of  property  employed)  of  gas  produced  by  another  concern 
for  the  use  of  the  corporation  under  any  joint  arrangement  for  the 
sharing  of  expense  upon  the  basis  of  the  relative  amounts  of  benefit 
to  the  several  participants. 

II.  TRANSMISSION  AND  DISTRIBUTION  EXPENSES. 
(631.)     Transmission  Pumping. 

Charge  to  this  account  the  cost  of  pumping  gas  through  mains  to 
the  distribution  system,  including  inspection  and  regulation  of  booster 
governors. 

Notb. — In  gas  operations,  when  gas  is  delivered  to  the  supply  system  outside 
the  works  at  substantially  works  pressure,  the  pipe  system,  including  mains, 
feeders,  and  services  (and  supply  pipes  to  outlying  holders,  if  any),  shall  all 
be  classed  in  the  distribution  system.  When  the  pressure  is  raised  by  means  of 
boosters  and  the  gas  is  delivered  to  the  pipes  at  higher  than  works  pressure, 
and  is  later  reduced  in  pressure  and  delivered  to  the  distribution  system  proper, 
that  portion  of  the  pipe  system  used  for  conducting  gas  at  the  raised  pressure 
shall  be  classed  as  the  transmission  system. 

(632.)     Distribution  Superintendence. 

Charge  to  this  account  the  cost  of  all  labor  employed  in  superintend- 
ing the  operation  of  the  street  department,  fitting  and  repair  shops, 
including  the  salaries  of  superintendents,  foremen,  clerks,  timekeepers, 
messengers,  watchmen,  and  janitors  employed  in  the  distribution  de- 
partment 

(633.)    Distribution  Supplies  and  Expenses. 

Charge  to  this  account  the  cost  of  office  maintenance  and  incidental 
expenses  of  the  street  and  shop  departments,  including  light,  heat, 
telephone,  water,  ice,  etc 

Note. — When  the  distribution  office  is  combined  with  the  works  office  or 
commercial  office  charges  like  rent,  light,  etc.,  should  be  divided  between  them 
in  a  fixed  ratio,  based  upon  the  relative  amounts  of  use. 

(634a.)     Gas  Meter  and  Installation  Work. 

Charge  to  this  account  the  cost  of  labor  employed  and  material  used 
in  locking  and  unlocking  meters,  building  inspection,  pumping  drip, 
cleaning  service  or  house  pipe  with  pump;  setting,  removing,  re-setting 
and  changing  position  of  meters,  and  temporary  repairs  of  leaks  in 
house  piping. 

(634b.)     Work  on  Consumers'  Premises. 

Charge  to  this  account  the  cost  of  installing  gas  stoves  and  other 
appliances  on  the  premises  of  consumers,  and  of  work  done  for  con- 
sumers in  maintaining  the  efficiency  of  their  service,  including  complaint 
work  and  other  work  done  in  houses  beyond  the  end  of  the  meter 
outlet  connection.  This  includes  the  cost  of  adjusting  or  changing 
location   of   house   pipes,   gas   burners,   fixtures,    stoves    and   appliances, 


Uniform  Accounts — Gas  Corporations  45 

and  the  cost  of  new  pillars,  tips,  burners,  or  devices  not  chargeable 
to  repair  accounts ;  it  does  not  include  such  installation  expense  items 
as  are  provided  for  in  the  preceding  account. 

Credit  to  this  account  the  cost  element  of  receipts  for  jobbing  work 
which  the  accounting  corporation  has  performed  as  agent,  under  agency 
contracts. 

Note  A. — Any  profit  or  commission  accruing  to  the  corporation  on  jobbing 
■work  performed  as  agent  shall  be  credited  to  account  No.  441  "Gas  Merchan- 
dise and  Jobbing  Revenue;"  to  that  account  shall  also  be  credited  all  receipts 
from  gas  jobbing  not  done  under  agency  contracts. 

Note  B. — Credits  and  debits  to  this  account  must  be  analyzed  in  annual  re- 
ports to  the  Public  Service  Commission. 

(635.)     Repairs  of  Gas  Mains. 

Charge  to  this  account  the  cost  of  labor  and  material  employed  in 
repairing  mains.  This  includes  labor  of  foremen,  inspectors,  caulkers, 
tappers,  pavers,  drillers,  skilled  laborers,  general  laborers,  and  similar 
workers  on  street  department  payrolls,  while  engaged  in  repairing, 
altering,  overhauling,  changing  position  of  or  removing  street  mains; 
protecting  exposed  or  undermined  mains,  searching  for  and  repairing 
leaks  in  mains,  and  paving  over  any  of  the  above  work;  also  material 
and  cartage  in  connection  with  the  above  work. 

Note. — This  account  must  be  so  kept  as  to  enable  the  corporation  to  show 
separately  in  its  annual  report  to  the  Public  Service  Commission  the  cost  of 
repairing  trunk  lines  and  mains  used  for  transmission  of  gas,  and  the  cost  of 
repairing  those  used   for  distribution. 

In  gas  operations,  when  gas  is  delivered  to  the  supply  system  outside  the 
works  at  substantially  works  pressure,  the  pipe  system,  including  mains,  feeders, 
and  services  (and  supply  pipes  to  outlying  holders,  if  any),  shall  all  be  classed 
in  the  distribution  system.  "When  the  pressure  is  raised  by  means  of  boosters 
and  the  gas  is  delivered  to  the  pipes  at  higher  than  works  pressure,  and  is 
later  reduced  in  pressure  and  delivered  to  the  distribution  system  proper,  that 
portion  of  the  pipe  system  used  for  conducting  gas  at  the  raised  pressure 
shall  be  classed  as  the  transmission  system. 

(636.)     Repairs  of  Gas  Services. 

Charge  to  this  account  the  cost  of  labor  and  material  employed  in 
repairing  services.  This  includes  the  same  classes  of  labor  as  shown 
in  the  account  (No.  635),  "Repairs  of  Gas  Mains,"  while  engaged  in 
repairing,  altering,  removing,  relaying,  cutting  off,  increasing  the  size 
of  and  changing  the  position  of  services;  searching  for  and  repairing 
leaks  in  services;  and  paving  over  any  of  the  above  work;  also  ma- 
terial and  cartage  in  connection  with  the  work  shown  above. 

(637.)     Repairs  of  Gas  Meters. 

Charge  to  this  account  the  cost  of  testing  and  repairing  consumers' 
meters. 

(638.)     Repairs  of  Distribution  Tools. 

Charge  to  this  account  the  cost  of  sharpening  and  repairing  tools  and 
implements  used  in  the  street  department  and  the  fitting  and  repair 
shops  and  charged  to  capital  accounts. 


46  Public  Service  Commission — First  District 

(639.)     Repairs  of  Gas  Appliances. 

Charge  to  this  account  the  cost  of  repairs  of  gas  lamps,  stoves,  en- 
gines, and  other  appliances  owned  by  the  corporation  and  rented  to 
consumers. 

III.  MUNICIPAL  STREET  LIGHTING  EXPENSES. 

(641.)     Street  Lamp  Operating. 

Charge  to  this  account  the  cost  of  labor  employed  in  cleaning  and 
lighting  street  lamps,  and  extinguishing  street  lights;  in  inspecting 
and  supervising  the  street  lighting  district;  in  reporting  on  re-lights 
and  discontinues,  and  watching  the  hours  of  lighting  and  extinguishing; 
and  the  incidental  expenses  of  street  lamp  operating. 

(642.)     Street  Lamp  Repairs. 

Charge  to  this  account  the  cost  of  labor  and  material  consumed  in 
fitting  up  new  lamp  posts,  re-fitting  standpipes,  cleaning  services,  cutting 
off  services,  re-caulking  columns,  removing  posts,  re-setting  posts,  re- 
fitting columns,  straightening  posts,  and  all  other  work  of  a  similar 
character  necessary  to  maintain  the  street  lighting  system  to  the  degree 
of  efficiency  required  by  the  city;  also  re-paving  over  openings  made 
necessary  by  such  work. 

IV.    COMMERCIAL  EXPENSES. 

(G551.)     Commercial    Administration — Gas. 

Charge  to  this  account  all  matters  provided  for  under  the  following 
heads : 

a.  Commercial  Department  General  Labor:  This  head  includes  the 
cost  of  labor  of  superintendents  and  assistants,  chief  clerks,  stenog- 
raphers, general  clerks,  high  bill  clerks,  switchboard  operators,  mes- 
sengers, janitors,  and  watchmen  employed  in  the  commercial  de- 
partment. 

b.  Commercial  Department  Accounting:  This  head  includes  the  cost 
of  labor  of  bookkeepers  and  clerks  employed  on  consumers'  accounts. 

c.  Commercial  Department  Contracts:  This  head  includes  the  cost  of 
labor  of  clerks  and  other  employees  in  the  application  or  contract 
bureau. 

d.  Commercial  Department  Collecting:  This  head  includes  the  cost  of 
labor  of  regular  and  prepayment  collectors. 

e.  Meter  Reading:  This  head  includes  the  cost  of  labor  of  meter 
readers. 

f.  Commercial  Office  Supplies  and  Expenses:  This  head  includes  the 
cost  of  supplies  and  the  incidental  expenses  of  the  commercial  office. 

(G552.)     Promotion  Office  Expense.— Gas. 

Charge  to  this  account  the  matters  prescribed  under  the  following 
heads: 


Uniform  Accounts — Gas  Corporations  47 

a.  Promotion  Management:  This  covers  the  cost  of  administration  of 
the  department  maintained  for  the  promotion  or  development  of  gas 
consumption,  including  that  portion  of  the  salaries  and  expenses  of 
management  and  clerks  in  agency  and  contract  departments  assign- 
able to  new  business. 

b.  Demonstrations:  This  covers  the  cost  of  labor  and  expenses  in- 
curred in  exhibiting  and  demonstrating  the  use  of  gas  appliances  for 
the  purpose  of  obtaining  new  business. 

c.  Other  Promotion  Office  Expense:  This  covers  the  office  expenses 
of  the  promotion  or  new  business  department. 

(G553.)     Advertising — Gas. 

Charge  to  this  account  the  matters  prescribed  under  the  following 
heads : 

a.  Advertising  Salaries  and  Expenses:  This  covers  the  salaries  and 
personal  expenses  of  the  advertising  manager  and  clerks. 

b.  Advertising  Sundries:  This  covers  the  cost  of  commercial  adver- 
tising sundries,  including  booklets,  dodgers,  newspaper  advertisements, 
posters,  bulletins,  and  all  related  items. 

Note. — This  account  does  not  include  the  expense  of  advertising  residuals,  such 
being  chargeable  to  the  proper  residual  expense  account. 

(G554.)     Canvassing  and  Soliciting — Gas. 

Charge  to  this  account  all  expenses  incurred  in  soliciting  new  busi- 
ness, including  wages,  commissions,  and  personal  expenses  of  can- 
vassers, cost  of  preparing  estimates,  engineering  advice  on  gas  installa- 
tion, etc.,  and  office  sundries  in  connection  therewith. 

V.    GENERAL  AND   MISCELLANEOUS   EXPENSES. 

(G833.)     Salaries  and  Expenses  of  General  Officers. 

Charge  to  this  account  the  salaries  and  traveling  and  incidental  ex- 
penses of  the  chairman  of  the  board,  president,  vice  president,  treasurer, 
secretary,  comptroller,  general  auditor,  general  manager,  assistant  gen- 
eral manager,  chief  engineer,  general  superintendent,  purchasing  agent, 
and  all  other  officers  whose  jurisdiction  extends  to  the  entire  system  and 
whose  services  can  not  be  satisfactorily  allocated  to  the  several  de- 
partments. 

(G834.)     Salaries  and  Expenses  of  General  Office  Clerks. 

Charge  to  this  account  the  salaries  and  traveling  and  incidental  ex- 
penses of  general  office  auditors,  bookkeepers,  cashiers,  paymasters, 
stenographers,  clerks,  employed  in  counting  cash,  and  all  other  clerks 
employed  in  the  general  office. 

Note. — Cost  of  labor  of  clerks  in  the  commercial  department  shall  be  charged 
to  the  account   (No.  G551),   "Commercial  Administration — Gas".      (See  page  46.) 

(G835.)     General  Office  Supplies  and  Expenses. 

Charge  to  this  account  the  cost  of  office  supplies,  repairs  of  office 
furniture,  and  renewals  of  such  furniture  as  has  not  been  capitalized; 


48  Public  Service  Commission — First  District 

wages  of  janitors,  porters,  and  messengers;  rent  of  rooms  in  office 
buildings,  repairs  of  such  rented  rooms,  and  all  other  miscellaneous 
expenses  of  general  offices.  Office  expenses  of  department  officers  must 
be  charged  to  the  proper  departmental  accounts. 

Note. — Rents  charged  to  this  account  will  be  required  to  be  reported  sep- 
arately. 

(G836.)     General  Law  Expenses. 

Charge  to  this  account  all  law  expenses  except  those  incurred  in 
the  defense  and  settlement  of  damage  claims.  This  includes  salaries 
and  expenses  of  all  counsel,  solicitors,  and  attorneys,  their  clerks  and 
attendants,  and  expenses  of  their  offices;  cost  of  law  books,  printing 
briefs,  legal  forms,  testimony,  reports,  etc.;  fees  and  retainers  for  serv- 
ices of  attorneys  not  regular  employees;  court  costs  and  payments  of 
special,  notarial,  and  witness  fees  not  provided  for  elsewhere;  expenses 
connected  with  taking  depositions,  and  all  law  and  court  expenses  not 
provided  for  elsewhere. 

Note. — The  compensation  of  the  general  solicitor  or  counsel  or  other  attor- 
neys engaged  partly  in  the  defense  or  settlement  of  damage  suits  and  partly  in 
other  legal  work,  should  be  properly  apportioned  between  this  account  and 
the  account   (No.  G847b),    "Law  Expenses  Connected  with  Damages". 

(G837.)     Miscellaneous   General   Expenses. 

Charge  to  this  account  the  cost  of  telephone  service,  telegrams,  and 
other  miscellaneous  expenses  (including  all  expense  specially  incurred 
in  connection  with  the  utilization  and  sale  of  residuals  and  byproducts, 
such  as  coke,  tar,  ammonia,  carbon,  and  other  residuals  and  byproducts, 
etc.)  connected  with  the  general  management  not  otherwise  provided  for. 

Note. — Charges  to  this  account  must  be  made  in  such  wise  as  to  enable 
the  corporation  to  show  separately  the  following  matters: 

a.  Coke  expense,  including  the  cost  of  all  labor  and  supplies  specially  con- 
sumed and  expense  specially  incurred  in  the  disposal  of  coke  over  and  above 
what  would  be  necessitated  by  such  disposition  if  the  coke  were  not  sold. 
This  includes  the  cost  of  any  special  preparation  of  the  coke  for  sale  and  the 
cost  of  hauling  such  coke  to  points  of  delivery. 

b.  Tar  expense,  including  the  cost  of  all  labor  and  supplies  specially  con- 
sumed and  all  expense  specially  incurred  in  the  disposition  of  tar  over  and 
above  the  expense  that  would  be  involved  if  such  tar  were  consumed  by  the 
corporation.  If  both  coal  gas  and  water  gas  are  manufactured,  and  the  re- 
sulting tars  are  separately  disposed  of,   the  tar  expense  shall  be  stated   for  each. 

c.  Ammonia  expense,  including  the  cost  of  all  labor  and  supplies  specially 
consumed  and  all  expense  specially  incurred  in  the  preparation  and  sale  of 
ammonia  or  ammoniacal  liquor  over  and  above  what  would  be  involved  if  such 
liquor  were  consumed  or  wasted  by  the  corporation. 

d.  Other  residuals  and  byproducts  expense,  including  the  cost  of  all  labor 
and  supplies  specially  consumed  and  expense  specially  incurred  in  the  prepara- 
tion and  disposition  of  other  residuals  and  byproducts  than  those  provided  for 
under  the  foregoing  three  heads,  over  and  above  what  would  be  involved  if 
such  residuals  and  byproducts  were  consumed  by  the  corporation  or  wasted. 

e.  Other  miscellaneous  expense  connected  with  gas  operations  and  not  elsewhere 
provided    for. 

(G838.)     Insurance. 

Charge  to  this  account  premiums  paid  to  insurance  companies  for 
fire,  fidelity,  boiler,  casualty,  burglar,  and  all  other  insurance;  also 
amounts  set  aside  as  an  insurance  reserve. 


Uniform  Accounts — Gas  Corporations  49 

Note. — In  their  reports  to  the  Public  Service  Commission  corporations  will 
he  required  to  report  the  charges  made  to  this  account  for  the  various  kinds 
of  insurance,   and  for  self-insurance. 

(G839.)     Relief  Department  and   Pensions. 

Charge  to  this  account  all  salaries  and  expenses  incurred  in  con- 
nection with  conducting  a  relief  department;  also  contributions  made 
to  such  department;  also  all  pensions  paid  to  retired  employees,  and 
expenses  in  connection  therewith. 

(GS40.)     Gas  Franchise  Requirements. 

Charge  to  this  account  the  cost  of  all  gas  and  other  materials  and 
supplies  furnished  to  municipal  corporations  in  compliance  with  fran- 
chise requirements  and  for  which  no  payment  is  received  by  the  cor- 
poration; also  of  all  direct  expense,  such  as  paving  and  other  like 
matters,  incurred  in  compliance  with  such  requirements  and  for  which 
no  reimbursement  is  received  by  the  corporation.  Amounts  charged 
to  this  account  for  which  there  is  no  direct  money  outlays  shall  be 
credited  to  the  below  provided  account  (No.  G853),  "Duplicate  Gas 
Charges — Cr." 

(G842.)     General  Amortization — Gas. 

Charge  to  this  account  month  by  month  the  amount  estimated  to  be 
necessary  to  cover  such  wear  and  tear  and  obsolescence  and  inadequacy 
as  have  accrued  during  the  month  in  the  tangible  gas  capital  of  the 
corporation;  and  such  portion  of  the  life  of  intangible  fixed  capital 
as  has  expired  or  been  consumed  during  the  month;  and  the  amount 
estimated  to  be  necessary  to  provide  a  reserve  to  cover  the  cost  of 
property  destroyed  by  extraordinary  casualties;  less  the  amounts 
charged  for  that  month  to  the  various  repair  accounts  in  Gas  Operating 
Expenses.  The  amount  charged  (or  credited)  to  this  account  shall  be 
concurrently  credited  (or  charged)  to  the  reserve  account  (No.  374), 
"Accrued  Amortization  of  Capital".    (See  page  28.) 

Notb  A. — Until  otherwise  ordered,  the  "amount  estimated  to  be  necessary  to 
cover  Buch  wear  and  tear  and  obsolescence  and  inadequacy  as  have  accrued  dur- 
ing" any  month  shall  be  based  on  a  rule  determined  by  the  accounting 
corporation.  Such  rule  may  be  derived  from  a  consideration  of  the  said  cor- 
poration's history  and  experience  during  the  preceding  five  years,  and  the 
accrual  may  be  on  the  basis  of  amount  of  gas  sold.  Amortization  of  intangible 
capital  shall  likewise  be  based  on  rule.  Whatever  may  be  its  basis,  such  rules 
and  a  sworn  statement  of  the  facts  and  expert  opinions  and  estimates  upon 
which  they  are  based  shall  be  filed  with  the  Public  Service  Commission  on 
or  before  January  1,  1909 ;  each  amendment  of  any  such  rule  and  a  sworn 
statement  of  the  facts  and  expert  opinions  and  estimates  upon  which  such 
amendment  is  based  shall  be  filed  with  the  Public  Service  Commission  before 
it  is  used  by  the  accounting  corporation,  and  shall  show  the  date  when  it  is 
to  be  effective.  Such  rules  and  statements  shall  be  filed  upon  sheets  8%  x  11 
inches  or  9%  x  12  inches  and  shall  be  entitled  "Rule  of  the  (here  naming 
the   accounting    corporation)    concerning   Amortization". 

Notb  B. — "When  any  capital  is  retired  from  service,  the  amount  (estimated  if 
not  known)  originally  charged  to  a  capital  account  in  respect  thereof  shall  be 
credited  to  such  capital  account,  and  (except  as  provided  in  the  account 
(No.  G100),  "Fixed  Capital,  December  31,  1908,")  the  original  money  cost 
of  such  capital,  less  salvage,  if  any,  shall  be  charged  to  the  reserve  account, 
"Accrued    Amortization    of   Capital,"    any    necessary    adjusting   entry   being   made 


50  Public  Service  Commission — First  District 

in  the  proper  account  under  "Corporate  Surplus  or  Deficit".  Where  capital 
is  substantially  continuous  and  can  not  he  satisfactorily  individualized,  it  shall 
be  kept  in  efficient  operating  condition  through  repair,  and  the  renewals  and 
replacements  of  parts  thereof  shall  be  considered  repairs.  In  the  case  of  build- 
ings, towers,  bridges,  trestles,  and  other  separate  structures  capable  of  being 
readily  individualized,  charges  to  this  account  must  be  sufficient  to  provide 
(in  respect  of  such  capital  and  except  as  provided  in  the  account  (No.  G100), 
"Fixed  Capital,  December  31,  1908")  in  the  account  "Accrued  Amortization 
of  Capital"  by  the  time  such  structures  go  out  of  service  a  reserve  equal  to 
the  original  money  cost  thereof,  less  salvage,  to  which  account  such  original 
cost,  less  salvage,   shall  be  charged. 

(G845.)     Gas  Expenses  Transferred — Cr. 

Credit  to  this  account  the  proportion  of  operating  expenses  (in- 
cluding depreciation  and  other  amortization  as  well  as  repairs)  charge- 
able to  other  co-ordinate  departments  (such  as  electric  or  street  rail- 
road) within  the  same  corporation,  but  defrayed  in  the  first  instance 
by  the  gas  department. 

Note. — Do  not  credit  to  this  account  any  allowance  in  the  nature  of  rent 
or  return  upon  the  cost  or  value  of  property. 

(G846.)     Joint  Operating  Expense — Cr. 

When  any  plant  or  equipment  is  maintained  or  operated  by  the  ac- 
counting corporation  for  the  joint  benefit  of  itself  and  others  under  an 
arrangement  for  apportioning  (on  the  basis  of  the  relative  amounts 
of  benefit  to  the  several  participants)  the  operating  expenses,  the  portion 
of  such  expenses  chargeable  to  others  under  the  arrangement  shall  be 
credited  to  this  account.  The  portion  so  credited  must  not  include  any 
allowance  for  profit  or  return  upon  the  value  of  such  property. 

Note  A. — The  foregoing  should  be  read  in  connection  with  the  definition  of 
revenue  account   (No.  443),   "Joint  Gas  Rent  Revenue".      (See  page  36.) 

Note  B. — In  the  case  of  the  production  of  gas  part  of  which  is  transferred 
to  another,  if  the  arrangement  under  which  such  production  occurs  does  not 
provide  for  the  apportionment  of  expenses,  the  entire  amount  charged  for 
the  portion  supplied  is  to  be  credited  to  the  appropriate  revenue  account 
covering  the  sale  of  gas.  (See  the  account  (No.  438),  "Other  Gas  Corpora- 
tions,"   page   84.) 

(G847a.)     Accidents  and  Damages. 

Charge  to  this  account  all  expenses  (other  than  law  expenses  provided 
for  in  the  succeeding  account)  on  account  of  persons  killed  or  injured 
and  property  damaged  in  connection  with  the  operation  of  the  plant, 
as  enumerated  under  the  following  heads: 

(a)  Claim  Department  Expenses:  This  head  includes  salaries  and 
expenses  of  claim  agents,  investigators,  adjusters,  and  others  engaged 
in  the  investigation  of  accidents  and  adjustment  of  claims. 

(b)  Medical  Expenses:  This  head  includes  salaries,  fees,  and  ex- 
penses of  surgeons  and  doctors;  nursing,  hospital  attendance,  medical 
and  surgical  supplies;  fees  and  expenses  of  coroners  and  undertakers; 
and  contributions  to  hospitals. 

(c)  Injuries  to  Employees:  This  head  includes  amounts  paid  in  set- 
tlement of  claims  of  employees  for  injuries  arising  in  the  course  of 
their  employment;  also  wages  paid  to  disabled  employees  while  off  duty. 


Uniform  Accounts — Gas  Corporations  51 

(d)  Other  Personal  Injuries  and  Property  Damages:  This  head  in- 
cludes amounts  paid  in  settlement  of  claims  of  persons  other  than 
employees  for  personal  injuries  sustained  in  connection  with  the  opera- 
tion of  the  plant,  and  amounts  paid  in  settlement  of  claims  for  damage 
to  property  not  owned  by  the  accounting  corporation. 

(e)  Other  Accident  Expenses. 

Note  A. — If  it  is  desired  that  the  charge  to  operating  expenses  on  account 
of  injuries  and  damages  shall  be  upon  some  arbitrary  basis,  the 'amount  so  charged 
shall  be  credited  to  the  account  (No.  381),  "Casualties  and  Insurance  Reserve," 
and  the  actual  disbursements  above  enumerated  shall  be  charged  against  such 
reserve   account. 

Note  B. — The  amount  charged  under  the  head  (c),  "Injuries  to  Employees," 
must  be  separately  stated  in  annual  reports  to  the  Public  Service  Commission. 

(G847b.)     Law  Expenses  Connected  With  Damages. 

Charge  to  this  account  all  law  expenses  in  connection  with  the  de- 
fense or  settlement  of  damage  claims,  including — 

(a)  Salaries  and  Expenses  of  Attorneys:  A  proper  proportion  of  the 
salary  and  expenses  of  the  general  solicitor  or  counsel,  and  salaries, 
fees,  and  expenses  of  attorneys  engaged  in  this  work. 

(b)  Court  Costs  and  Expenses:  Fees  of  court  stenographers,  expenses 
connected  with  taking  depositions,  and  other  court  expenses. 

(c)  Law  Printing:  Cost  of  law  books,  and  cost  of  printing  of  briefs, 
court  records,  and  similar  papers. 

Note  A. — If  it  is  desired  that  the  charge  to  operating  expenses  on  account 
of  law  expenses  in  connection  with  damages  shall  be  upon  some  arbitrary  basis, 
the  amount  so  charged  shall  be  credited  to  the  account  (No.  381),  "Casualties 
and  Insurance  Reserve,"  and  the  actual  disbursements  above  enumerated  shall  be 
charged  against  such  reserve  account. 

Note  B. — The  compensation  of  the  general  solicitor  or  counsel  and  other 
attorneys  engaged  partly  in  the  defense  or  settlement  of  damage  suits  and  partly 
in  other  legal  work  should  be  properly  apportioned  between  this  account  and  the 
account  (No.  G836),  "General  Law  Expenses". 

(G848.)     General  Stationery  and  Printing. 

Charge  to  this  account  all  expenses  for  stationery  and  printing,  sta- 
tionery supplies,  and  postage,  except  as  hereinafter  provided: 

The  cost  of  printing  briefs  and  other  legal  papers  shall  be  charged 
to  the  account  (No.  G836),  "General  Law  Expenses,"  or  (G847b), 
"Law  Expenses  Connected  with  Damages/'  in  accordance  with  the 
purpose  of  the  printing. 

The  cost  of  printing  signs,  posters,  and  other  advertising  matter  shall 
be  charged  to  the  account  (No.  G553),  "Advertising — Gas". 

The  cost  of  such  mechanical  calculators,  typewriters,  duplicating 
machines,  and  other  office  appliances  as  are  not  properly  capitalized, 
shall,  if  for  use  in  general  offices,  be  charged  to  the  account  (No.  G833), 
"General  Office  Supplies  and  Expenses";  or  if  for  the  use  of  depart- 
mental officers,  to  the  proper  departmental  accounts. 

(G850.)     Store  Expenses. 

Charge  to  this  account  all  salaries  and  expenses  in  connection  with 
storerooms,  including  cost  of  sending  materials  and  supplies  from 
general  storerooms  to  branch  storerooms,  and  the  collection  of  scrap 
material. 


52  Public  Service  Commission — First  District 

(G851.)     Stable  Expenses. 

Charge  to  this  account  the  cost  of  feed,  keep,  and  shoeing  of  horses, 
wages  of  stablemen,  hostlers,  veterinary  expenses,  and  all  other  ex- 
penses of  stabling  horses;  also  the  cost  of  repairing  harness  and  vehicles. 

Notb. — The  cost  of  horses  purchased  to  replace  others  should  be  charged  to  the 
account  (No.  G122),  "General  Equipment". 

(G852.)     Undistributed   Adjustments — Balance. 

At  least  once  a  year  an  inventory  of  materials  and  supplies  shall  be 
taken,  and  the  difference  (in  respect  of  any  particular  class  of  ma- 
terials and  supplies)  between  the  ledger  and  inventory  balances  debited 
or  credited  to  this  account  in  case  it  can  not  be  assigned  to  a  specific 
account.  Credit  to  this  account  all  discounts  recovered  through  the 
prompt  payment  of  bills  for  materials  and  supplies  consumed  in  opera- 
tion, unless  such  discounts  are  applied  to  the  particular  bills. 

Noti. — Where  materials  and  supplies  have  been  used  in  construction  as  well 
ai  in  operation,  a  suitable  proportion  of  the  shortages  or  overages  disclosed  by 
the  inventory  may  be  debited  or  credited  to  the  account  (No.  G286),  "Miscel- 
laneous Construction  Expenditures." 

(G853.)     Duplicate  Gas  Charges — Cr. 

Credit  to  this  account  all  charges  made  to  any  accounts  in  gas  oper- 
ating expenses  in  respect  of  any  gas  or  other  product  of  gas  operations 
of  the  corporation  consumed  therein. 

17.  Expenses  of  Outside  Operations. — The  detailed  expense  accounts 
for  other  than  gas  operations  will  be  elsewhere  provided   for. 

18.  Tax  accounts. — An  account  shall  be  kept  of  the  taxes  chargeable 
against  each  particular  class  of  operations,  and  one  for  those  chargeable 
against  non-operating  revenues.  Each  tax  account  shall  be  appropriately 
entitled  (as  e.  g.,  "Taxes  Assignable  to  Gas  Operations,"  "Taxes  As- 
signable to  Non-operating  Revenues,"  etc),  and  shall  be  so  kept  as  to 
show  separately  the  following: 

State  Franchise  Tax  on  Capital  Stock, 

State  Franchise  Tax  on  Gross  Earnings, 

Special  Franchise  Tax, 

Taxes  on  Land  (exclusive  of  improvements), 

Taxes  on  Improvements  on  Lands, 

Taxes  on  Personal  Property, 

Other  Taxes  (showing  in  detail). 

To  each  tax  account  there  shall  be  charged  monthly  the  amount  of 
taxes  accruing  during  the  month,  and  such  amount  shall  be  concurrently 
credited  to  the  account  "Taxes  Accrued"  (or  to  the  account  "Prepaid 
Taxes,"  if  such  tax  is  prepaid).  The  amount  of  taxes  accruing  during 
any  month  shall,  where  the  levy  is  unknown,  be  estimated  as  nearly 
as  may  be,  and  when  the  levy  is  ascertained  the  matter  shall  be  ad- 
justed during  the  remainder  of  the  tax  year.  For  example,  if  at  the 
beginning  of  a  tax  year  the  taxes  on  a  particular  class  of  property  are 
estimated  to  be  $600  for  the  year,  the  monthly  charge  on  account  of 
such  tax  should  be  $50  until  the  amount  of  the  levy  becomes  known. 


Uniform  Accounts — Gas  Corporations  53 

If  during,  say,  the  fifth  month,  it  is  found  that  the  levy  for  the  year 
is  $640,  there  will  already  have  been  charged  up  four  months  at  $50 
per  month,  leaving  $440  to  be  charged  during  the  remainder  of  the 
year,  or  $55  for  the  fifth  month  and  each  month  thereafter  during  the 
remainder  of  the  year. 

Such  taxes  as  pertain  to  two  or  more  classes  of  operations  or  to 
non-operating  revenues  should  be  apportioned  with  regard  to  such 
operations  and  non-operating  revenues  upon  an  equitable  basis,  which 
basis  will  be  required  to  be  reported  in  the  annual  report  of  the  cor- 
poration to  the  Public  Service  Commission. 

19.  Uncollectible  Bills. — For  uncollectible  gas  bills  the  following  ac- 
count is  provided: 

(G870.)     Uncollectible  Gas  Bills. 

When,  after  a  reasonably  diligent  effort  to  collect,  any  account  stated 
for  gas  sold  has  proved  impracticable  of  collection,  it  shall  be  charged 
to  this  account  and  credited  to  the  account  receivable  in  which  thereto- 
fore charged. 

20.  Definitions  of  Non-operating  Revenue  accounts. — In  the  following 
definitions  of  accounts  the  letters  and  numbers  prefixed  to  the  titles 
are  inserted  solely  for  convenience  of  reference  and  are  no  part  of  the 
titles  or  of  the  definitions : 

(G901b.)     Rent  Accrued  from  Lease  of  Gas  Plant. 

Credit  to  this  account  monthly  as  they  accrue  all  revenues  flowing 
to  the  corporation  from  its  interests  in  gas  plant  or  equipment  held  by 
others  under  some  form  of  lease  whereby  it  surrenders  possession  of 
such  property.  This  account  contemplates  that  the  taxes  on  property 
so  held  are  payable  by  ihe  tenant  in  possession  and  charged  by  him  to 
the  appropriate  tax  account.  If  under  the  contract  of  lease  such  taxes 
are  payable  by  the  lessor  or  its  assignee,  such  taxes  shall  be  charged 
to  this  revenue  account  and  not  to  any  of  the  lessor's  tax  accounts, 
nor  to  any  of  its  expense  accounts. 

(G901d.)     Miscellaneous  Rent  Revenues. 

Credit  to  this  account  monthly  as  they  accrue  all  miscellaneous  rent 
revenues  flowing  to  the  corporation  as  a  return  upon  leased  property 
other  than  gas  plant  and  equipment.  Such  revenues  shall  be  classified 
as  follows : 

Leasehold  Revenues:  That  is  to  say,  all  revenues  flowing  to  the 
corporation  from  its  interests  in  property  held  by  others  under  any 
lease  the  entire  term  of  which  is  greater  than  one  year.  This  con- 
templates that  the  taxes  on  property  so  held  are  payable  by  the  tenant 
in  possession  and  charged  by  him  to  the  appropriate  tax  account.  If 
under  the  contract  of  lease  such  taxes  are  payable  by  the  lessor  or  its 
assignee,  such  taxes  shall  be  charged  to  this  revenue  account  and 
not  to  any  of  the  lessor's  tax  accounts,  nor  to  any  of  its  expense 
accounts. 


54  Public  Service  Commission — First  District 

Other  Rent  Revenues:  That  is  to  say,  all  revenues  flowing  to  the 
corporation  from  its  interests  in  property  held  by  others  under  any 
lease  or  contract  for  a  term  not  to  exceed  one  year  from  the  beginning 
of  the  term,  or  held  at  will  or  upon  sufferance.  This  account  contem- 
plates that  the  taxes  on  property  of  this  character  shall  be  paid  by 
the  landlord  and  charged  to  the  appropriate  tax  account.  If  under  the 
contract  covering  the  holding  for  terms  of  one  year  or  less,  or  at  will, 
the  taxes  are  to  be  paid  by  the  tenant,  the  amount  of  such  taxes  shall 
be  credited  month  by  month  to  this  account  as  they  accrue,  and  shall 
correspondingly  be  charged  to  the  tax  account  covering  taxes  on  prop- 
erty of  this  character. 

Entries  in  this  account  must  be  made  in  such  wise  as  to  show  sep- 
arately the  classes  above  indicated,  which  will  be  required  to  be  stated 
separately  in  the  annual  reports  to  the  Public  Service  Commission. 

(G902.)     Interest  Revenues. 

Credit  to  this  account  monthly  as  it  accrues  all — 

Interest  from  Bound  Investments:  That  is  to  say,  all  interest  ac- 
cruing to  the  corporation  upon  such  of  its  interest-bearing  bound  in- 
vestments (as  hereinbefore  defined)  as  are  liabilities  of  solvent  concerns 
and  individuals. 

Interest  from  Free  Investments:  That  is  to  say,  all  interest  accruing 
to  the  corporation  upon  such  of  its  interest-bearing  free  investments  (as 
hereinbefore  defined)  as  are  liabilities  of  solvent  concerns  and  in- 
dividuals. 

Interest  from  Other  Sources:  That  is  to  say,  all  interest  accruing  to 
the  corporation  upon  its  interest-bearing  current  assets,  special  deposits, 
and  all  other  assets  not  provided  for  under  the  two  foregoing  heads, 
where  such  interest  is  a  liability,  actual  or  contingent,  of  solvent  con- 
cerns and  individuals. 

Entries  in  this  account  must  be  made  in  such  wise  as  to  show  sep- 
arately the  classes  above  indicated,  which  will  be  required  to  be  stated 
separately  in  the  annual  reports  to  the  Public  Service  Commission. 

(G903.)     Dividend  Revenues. 

Credit  to  this  account  at  their  cash  value,  and  as  of  the  date  when 
collectible,  all — 

Dividends  on  Bound  Investments:  That  is  to  say,  all  dividends  de- 
clared by  solvent  concerns  upon  stocks  held  by  the  corporation  among 
its  bound  investments. 

Dividends  on  Free  Investments:  That  is  to  say,  all  dividends  declared 
by  solvent  concerns  upon  stocks  held  by  the  corporation  among  its 
free  investments. 

Entries  in  this  account  must  be  made  in  such  wise  as  to  show  sep- 
arately the  classes  above  indicated,  which  will  be  required  to  be  stated 
separately  in  the  annual  reports  to  the  Public  Service  Commission. 

(G904.)     Profits  from  Operations  of  Others. 

Whenever,  in  accordance  with  the  terms  of  any  contract,  the  cor- 
poration  is   entitled   to   participate    in    the    profits    resulting    from    the 


Uniform  Accounts — Gas  Corporations  55 

operations  of   others,   all   revenues   accruing    to    the    corporation     from 
such  source  shall  be  credited  to  this  account. 

Note. — This  account  does  not  include  any  dividends  on  stocks.  Such  divi- 
dends should  he  credited  to  the  account  (No.  G903),  "Dividend  Revenues". 

(G905.)     Miscellaneous   Non-operating   Revenues. 

To  this  account  shall  be  credited  all  non-operating  revenues  accruing 
to  the  corporation  and  not  provided  for  in  any  of  the  foregoing  accounts. 

21.  Definition  of  Non-operating  Revenue  Deductions  account — To  an 
account  entitled  "Non-operating  Revenue  Deductions"  shall  be  charged 
all  matters  provided  for  under  the  following  sub-accounts: 

a.  Rent  Expenses:  This  sub-account  includes  all  matters  provided 
for  under  the  following  two  heads: 

Leasehold  Expense:  That  is  to  say,  all  expense  arising  in  connection 
with  the  procuring  of  revenues  from  leaseholds  having  terms  greater 
than  one  year,  including  the  cost  of  negotiating  contracts,  advertising 
for  tenants,  fees  paid  conveyancers,  collector's  commissions,  cost  of  en- 
forcing payment  of  rent,  cost  of  ousting  tenants,  etc.,  and  all  other 
expense  arising  in  connection  with  such  leaseholds.  This  applies  only 
to  leases  conveying  the  property  out  of  the  possession  of  the  corpora- 
tion, and  it  includes  the  expense  accruing  while  the  property  is  idle 
and  awaiting  an  occupant.  This  head  includes  cost  of  maintenance  of 
the  property  when  such  cost  is  borne  by  the  corporation.  Such  main- 
tenance includes  depreciation  as  well  as  reparable  wear  and  tear.  It 
does  not  include  taxes. 

Other  Rent  Expense:  This  head  is  analogous  to  the  preceding  head 
"Leasehold  Expense,"  and  differs  from  that  only  in  that  this  provides 
for  expense  in  connection  with  property  let  for  a  term  of  one  year  or  less. 

b.  Interest  Expense:  This  sub-account  includes  all  expense  arising 
in  connection  with  procuring  interest  upon  investments,  such  as  expense 
of  collection,  expense  of  investigating  delay  in  payment,  expense  of 
enforcing  payment,  and  the  like.  It  does  not  include  taxes  on  such 
investments. 

c.  Dividend  Expense:  This  sub-account  includes  all  expense  arising  in 
connection  with  the  collection  of  dividends  on  stocks  of  other  cor- 
porations; also  all  expense  incurred  in  the  investigation  of  the  affairs 
of  the  corporations  whose  stocks  are  held,  whether  for  the  purpose  of 
detecting  mismanagement  or  for  the  purpose  of  inducing  the  declaration 
of  dividends,  and  all  expense  connected  with  enforcing  payment  of 
dividends  when  declared.  It  does  not  include  taxes  on  such  in- 
vestments. 

d.  Others'  Operations  Expense:  This  sub-account  includes  the  cost 
of   negotiating   contracts    whereunder    the   corporation   is    to    participate 

"in  profits  resulting  from  the  operations  of  others;  also  all  expense  of 

collecting  the  corporation's  proportion  of  such  profits,  and  all  expense 

connected    with    procuring    the    modification    or   the    dissolution  of    any 
such  contract. 

e.  Miscellaneous  Non-operating  Expense:  This  sub-account  includes 
all  non-operating  expense  (as  hereinbefore  defined)  which  is  not 
provided  for  in  the  foregoing  sub-accounts. 


56  Public  Service  Commission — First  District 

/.  Non-operating  Taxes  :  This  sub-account  includes  all  taxes  ac- 
cruing upon  non-operating  property  and  all  assignable  to  non-operating 
revenues. 

g.  Uncollectible  Non-operating  Revenues:  When  any  non-operating 
revenues  are  judged  by  the  corporation  to  be  uncollectible,  the  amount 
thereof  shall  be  credited  to  the  account  in  which  theretofore  charged, 
and  charged  to  the  account  "Non-operating  Revenue  Deductions"  under 
the  head  of  "Uncollectible  Non-operating  Revenues". 

Note. — In  annual  reports  of  corporations  to  the  Public  Service  Commission  thii 
account  will  be  required  to  be  fully  analyzed. 

22.  Income  Deductions. — The  sum  total  of  the  credit  balances  In  the 
revenue  accounts  for  any  particular  operation  at  the  close  of  a  fiscal 
period  gives  the  gross  revenue  from  that  operation  for  that  period. 
This  gross  revenue  diminished  by  the  operating  expenses,  the  taxes, 
and  the  uncollectible  bills  assignable  to  such  operation  for  the  period, 
gives  the  income  from  that  operation  for  the  period.  Similarly  for 
the  non-operating  revenues,  the  non-operating  expenses,  and  the  non- 
operating  taxes. 

The  aggregate  of  the  incomes  from  the  several  operations  and  the 
non-operating  income  is  the  gross  income  applicable  to  corporate  and 
leased  properties.  As  has  before  been  said,  the  gross  income  is,  in 
the  usual  case,  subject  to  various  compulsory  deductions,  and  these 
are  hereinafter  called  Income  Deductions. 

23.  Definitions  of  Income  Deduction  accounts. — In  the  following 
definitions  the  letters  and  numbers  prefixed  to  the  titles  of  the  several 
accounts  are  inserted  solely  for  convenience  of  reference  and  are  no 
part  of  the  titles  or  of  the  definitions: 

(921.)     Interest  Deductions. 

Charge  to  this  account  monthly  (or  as  otherwise  below  directed) 
all  matters  provided  for  under  the  following  five  heads: 

Absolute  Interest  Accrued  on  Funded  Debt:  This  head  includes  all 
interest  accruing  absolutely  on  the  outstanding  funded  debt  of  the 
corporation. 

Contingent  Interest  Accrued  on  Funded  Debt:  This  head  includes, 
when  the  contingency  occurs  all  interest  accruing  contingently  on  the 
outstanding  funded  debt  of  the  corporation.  This  includes  such  matters 
as  interest  on  income  bonds. 

Interest  Accrued  on  Receiver's  Certificates:  This  head  includes  all 
interest  accruing  on  receiver's  certificates  which  are  liens  upon  the 
property  of  the  corporation  or  any  part  of  it. 

Interest  Accrued  on  Other  Unfunded  Debt:  This  head  includes  all 
interest  accruing  on  all  unfunded  debt  of  the  corporation  except  re- 
ceiver's certificates. 

Interest  Accrued  on  Debenture  Stocks:  This  head  includes  all  in- 
terest accruing  on  the  outstanding  debenture  stocks  of  the  corporation. 

Entries  in  the  account  "Interest  Deductions"  must  be  made  in  such 
wise  as  to  show  separately  the  classes  above  indicated,  which  will  be 
required  to  be  stated  separately  in  the  annual  reports  to  the  Public 
Service  Commission. 


Uniform  Accounts — Gas  Corporations  57 

(922b.)     Rent  for  Lease  of  Other  Gas  Plant. 

Charge  to  this  account  monthly  all  amounts  accrued  against  the 
accounting  corporation  for  rent  of  gas  plant  and  equipment  which  it 
holds  under  some  form  of  lease  from  another  company  or  corporation 
and  of  which  it  has  the  exclusive  possession.  Taxes  accrued  on  such 
plant  and  equipment  shall  not  be  charged  to  this  account  but  to  the 
appropriate  Taxes  account.  If  such  taxes  are  (under  the  contract  of 
lease)  payable  by  the  lessor  or  reversioner,  they  shall  be  credited 
to  this  account  and  charged  to  the  appropriate  Taxes  account.  Such 
taxes,  when  paid  by  the  lessor  or  reversioner,  shall  be  charged  to  its 
rent  revenue  account  and  not  to  its  Taxes  account,  to  the  end  that 
taxes  upon  such  plant  and  equipment  shall  be  reported  by  the  corpora- 
tion in  possession. 

(922.)     Other  Rent  Deductions. 

Charge  to  this  account  the  matters  provided  for  in  the  following  sub- 
accounts : 

/.  Joint  Facility  Rents:  Where  any  plant  or  equipment  is  main- 
tained or  operated  by  another  corporation  for  the  joint  benefit  of  the 
accounting  corporation  and  others  under  a  joint  arrangement  for 
sharing  the  expense  (on  the  basis  of  the  relative  amounts  of  benefit 
to  the  several  participants),  if  such  joint  arrangement  provides  for 
including  in  the  charge  against-  the  accounting  corporation  any  pure 
rent,  profit,  or  return  upon  such  plant  or  equipment  over  and  above 
depreciation  and  other  expense  of  maintenance  and  operation,  such  pure 
rent,  or  profit,  or  return  upon  property  shall  be  charged  to  this  sub- 
account. 

Note. — This  should  he  read  in  connection  with  the  revenue  account  (No.  443), 
"Joint  Gas  Rent  Revenue".      (See  page  36.) 

g.  Miscellaneous  Rent  Deductions:  This  sub-account  includes  all 
miscellaneous  rents  payable  not  elsewhere  provided  for. 

Note  A. — Rents  for  furnished  offices  (and  for  office  rooms  in  office  buildings 
heated  and  lighted  by  the  landlord)  should  not  be  charged  to  this  account,  but 
to  the  appropriate  expense  account. 

Note  B. — Entries  in  this  account  must  be  made  in  such  wise  as  to  permit 
an  analysis  in  the  annual  report  of  the  corporation  in  accordance  with  the  tub- 
accounts   above   defined. 

(923.)     Sinking  Fund  Accruals. 

Charge  to  this  account  month  by  month  all  accruals  required  to  be 
made  to  sinking  funds  in  accordance  with  the  provisions  of  mortgages 
or  other  contracts  requiring  the  establishment  of  sinking  funds.  All 
accruals  to  sinking  or  other  funds  created  voluntarily  by  the  corpora- 
tion and  not  in  pursuance  of  the  provisions  of  any  mortgage  or  other 
contract  or  of  the  requirements  of  law  shall  be  excluded  herefrom. 

(924.)     Guaranties  of  Periodic  Payments. 

Charge  to  this  account  all  unsecured  accruals  of  obligations  arising 
under  contracts  whereby  the  corporation  has  guaranteed  the  annual  or 
more  frequent  periodic  payment  of  money  or  performance  of  other  ob- 


o8  Public  Service  Commission — First  District 

ligation  on  the  part  of  another  corporation  or  person,  and  because 
of  the  default  of  such  other  corporation  or  person  the  liability  of  the 
present  corporation  has  become  actual.  This  account  does  not  include 
such  matters  as  guaranties  of  payment  of  principal  of  funded  debt  and 
other  similar  things  relating  to  a  series  of  years,  nor  does  it  include 
any  guaranties  for  which  the  corporation  has  protected  itself  through 
taking  ample  security.  If  insufficient  security  has  been  taken  in  respect 
of  such  annual  or  more  frequent  payments,  the  unsecured  portion 
thereof  shall  be  charged  to  this  account. 

(925.)    Loss  on  Operations  of  Others. 

Whenever  in  accordance  with  the  terms  of  any  contract  the  corpora- 
tion is  bound  to  contribute  toward  reimbursement  of  the  losses  resulting 
from  the  operations  of  others,  all  liabilities  accruing  to  the  corpora- 
tion from  such  source  shall  be  charged  to  this  account. 

(926.)     Other  Contractual  Deductions  from  Income. 

Charge  to  this  account  month  by  month  all  contractual  liabilities 
arising  from  annual  or  other  more  frequent  periodic  matters  and  not 
includible  in  any  of  the  foregoing  accounts.  This  account  includes  only 
deductions  from  income  and  not  any  liabilities  arising  in  exchange 
for  goods  or  other  things  purchased. 

(927.)     Amortization  of  Landed  Capital. 

Charge  to  this  account  at  the  close  of  any  fiscal  period  such  propor- 
tion of  the  original  money  cost  (estimated  if  not  known)  of  landed  cap- 
ital as  is  necessary  to  cover  the  proportion  of  the  life  thereof  expired 
during  such  period. 

Notb  A. — The  amounts  charged  to  this  account  shall  be  concurrently  credited 
to  the  account  (No.  374),  "Accrued  Amortization  of  Capital".     (See  page  28.) 

Note  B. — When  any  landed  capital  expires  or  is  otherwise  retired  from  service 
(as  e.  g.,  through  sale),  the  capital  account  or  other  indicant  account  (if  any) 
originally  charged  therewith  shall  be  credited  with  the  amount  originally 
charged,  the  account  "Accrued  Amortization  of  Capital"  shall  be  debted  with 
all  amounts  theretofore  credited  to  such  account  in  respect  of  such  landed  capital 
so  going  out  of  service,  the  appropriate  account  shall  be  debited  with  the  pro- 
ceeds of  sale  (if  any),  and  any  necessary  adjustment  shall  be  made  through  the 
"Corporate  Surplus  or  Deficit"  account. 

(928.)     Amortization  of  Debt  Discount  and  Expense. 

Charge  to  this  account  at  or  before  the  close  of  any  fiscal  period  that 
proportion  of  the  unamortized  discount  and  debt  expense  on  outstand- 
ing debt  which  is  applicable  to  the  period.  This  proportion  shall  be 
determined  according  to  a  rule,  the  uniform  application  of  which  during 
the  interval  between  the  issue  and  the  maturity  of  any  debt  will  com- 
pletely amortize  or  wipe  out  the  discount  at  which  such  debt  was  issued 
and  the  debt  expense  connected  therewith.  Such  amortization  may  at 
the  option  of  the  corporation  be  earlier  effected  by  charging  all  or  any 
portion  of  such  discount  and  debt  expense  to  the  account  (No.  939), 
"Other  Deductions  from  Surplus,"  immediately  upon  issue  of  the  debt 
or  thereafter. 


Uniform  Accounts — Gas  Corporations  59 

(929.)     Amortization  of  Premium  on  Debt — Cr. 

Credit  to  this  account  at  or  after  the  close  of  any  fiscal  period  the 
proportion  of  the  premium  at  which  outstanding  debt  was  issued  which 
is  applicable  to  the  period.  This  proportion  shall  be  determined  ac- 
cording to  a  rule,  the  uniform  application  of  which  during  the  interval 
between  the  issue  and  the  maturity  of  any  debt  will  completely  amortize 
or  wipe  out  the  premium  at  which  such  debt  was  issued.  Such  amorti- 
zation may  at  the  option  of  the  corporation  be  effected  by  crediting 
all  or  any  portion  of  such  premium  to  the  account  (No.  931b),  "Other 
Additions  to  Surplus,"  only  upon  the  maturity  of  the  debt. 

24.  Appropriations. — The  balance  resulting  from  closing  the  forego- 
ing income  deduction  accounts  for  any  fiscal  period  into  gross  income 
for  that  period  gives  the  Net  Corporate  Income  for  the  period.  The 
net  corporate  income  being  of  the  same  nature  as  the  corporate  surplus 
shall  be  closed  into  the  "Corporate  Surplus  or  Deficit"  account.  The 
group  of  accounts  which  show  for  any  fiscal  period  the  changes  in  the 
"Corporate  Surplus  or  Deficit"  account  are  designated  the  Appropriation 
accounts,  for  the  reason  that  substantially  all  of  them  are  subject 
only  to  the  discretion  of  the  corporation.  At  the  end  of  each  fiscal 
period  each  of  the  appropriation  accounts  shall  be  closed  into  the  "Cor- 
porate Surplus  or  Deficit"  account. 

25.  Definitions  of  Appropriation  accounts. — In  the  following  defini- 
tions of  the  appropriation  accounts  the  letters  and  numbers  prefixed 
to  the  titles  of  the  accounts  are  inserted  solely  for  convenience  of 
reference  and  are  no  part  of  the  titles  or  of  the  definitions: 

(931a.)     Bad  Debts  Collected. 

When  any  debt  theretofore  written  off  as  a  bad  debt  is  collected,  the 
amount  of  the  collection  shall  be  credited  to  this  account.  Expense 
involved  in  such  collection  shall  be  charged  to  this  account. 

(931b.)    Other  Additions  to  Surplus. 

Credit  to  this  account  all  additions  to  surplus  because  of  erroneous 
accounting  in  prior  fiscal  periods,  and  all  other  additions  to  surplus  not 
elsewhere  provided  for. 

Note. — A  complete  analysis  of  this  account  will  be  required  in  annual  reports  of 
corporations  to  the  Public  Service  Commission. 

(932.)     Expenses  Elsewhere  Unprovided  For. 

Charge  to  this  account  all  expenses  not  chargeable  as  a  part  of  oper- 
ating expenses  or  of  non-operating  expenses,  such  as  fines  levied  on 
the  corporation  for  violation  of  law,  for  misfeasance,  for  non-feasance, 
etc.,  fines  levied  on  directors,  officers,  and  other  employees  and  assumed 
by  the  corporation,  donations  to  funds,  to  churches  and  other  associa- 
tions, and  other  like  expenses  and  outgoes. 

(933.)    Dividends  on  Outstanding  Stocks. 

When  any  dividend  is  declared  upon  any  outstanding  stocks  of  the 
corporation,  the  amount  of   such   dividend   shall   thereupon   be   charged 


60  Public  Service  Commission — First  District 

to  this  account  All  entries  to  this  account  shall  show  the  amount  of 
stock  upon  which  the  dividend  is  declared,  the  class  of  such  stock,  and 
the  rate  of  the  dividend  as  well  as  the  amount  thereof;  and  if  the 
dividend  is  payable  in  any  other  thing  than  money,  such  thing  shall 
be  described  in  the  entry  with  sufficient  particularity  to  identify  it, 
and  the  actual  money  value  thereof  shall  be  stated  as  the  amount  of 
the  dividend. 

When  any  dividend  is  declared  upon  the  stocks  of  the  corporation 
held  in  its  treasury,  the  amount  of  such  dividend  thereon  shall  be 
credited  to  this  account.  Entries  of  credits  to  this  account  shall  be 
made  with  the  same  degree  of  particularity  as  is  prescribed  in  the  pre- 
ceding paragraph. 

(934.)    Amortization  Elsewhere  Unprovided  For. 

Charge  to  this  account  such  amortization  as  is  not  elsewhere  pro- 
vided for.  This  account  provides  for  all  optional  amortization,  such 
as  that  of  discount  on  stocks  outstanding,  abandoned  property,  etc. 

(935.)     Appropriations  to  Reserves. 

Charge  to  this  account  all  optional  appropriations  to  reserves. 

(936.)     Gifts  to  Controlled  Corporations. 

Charge  to  this  account  all  gifts  made  by  the  corporation  to  its  con- 
trolled corporations,  also  such  portions  of  all  advances  thereto  as  are 
not  carried  as  assets. 

(937.)    Other  Appropriations. 

Charge  to  this  account  all  optional  appropriations  made  by  the  cor- 
poration and  not  elsewhere  provided  for. 

Notb. — A  complete  analysis  of  this  account  will  be  required  in  annual  reports 
of  corporations  to  the  Public  Serrice  Commission. 

(938.)    Bad  Debts  Written  Off. 

Charge  to  this  account  the  amount  by  which  debts  are  written  off 
from  the  accounts  of  the  corporation  when  they  become  stale  and  are 
placed  in  the  "bad  debt"  class. 

Noti. — Such  "uncollectible  Bills"  as  have  been  provided  for  in  the  hereto- 
fore defined  "uncollectible  bills"  accounts  must  not  be  included  in  this  account. 

(939.)    Other  Deductions  from   Surplus. 

Charge  to  this  account  all  deductions  from  surplus  because  of  erron- 
eous accounting  in  prior  fiscal  periods,  and  all  other  deductions  from 
surplus  not  elsewhere  provided  for. 

Noti. — A  complete  analysis  of  this  account  will  be  required  in  annual  reports 
of  corporations  to  the  Public  Service  Commission. 


LIST  OF  ACCOUNTS 


SCHEDULE  A-BALANCE  SHEET  OR  INDICANT  ACCOUNTS 


Fixed  Capital: 

fags 

(G100.)  Fixed   Capital,   December   81,   1908 9 

(G110.)  Land   Devoted  to   Gas  Operations 9 

(101.)  Organization     • 10 

(G102.)  Franchises     (Gas)     I1 

(G103.)  Patent-rights   (Gas)    H 

(G104.)  Other    Intangible    Gas    Capital H 

(G121.)  General  Structures    12 

(G122.)  General    Equipment    12 

(221.)  Works  and  Station  Structures 13 

(222.)  Holders     13 

(G141a.)  Furnaces,    Boilers,    and    Accessories 13 

(G141b.)  Steam    Engines    14 

(G143b.)  Gas    Engines    1* 

(G145.)  Miscellaneous   Power   Plant   Equipment 14 

(223.)  Benches   and    Retorts 14 

(G143a.)  Water    Gas    Sets    and    Accessories 14 

(224.)  Purification   Apparatus    14 

(225.)  Accessory  Equipment  at  Works 15 

(231.)  Trunk  Lines  and  Mains 15 

(232.)  Gas    Services     15 

(233.)  Gas   Meters    15 

(234.)  Gas    Meter    Installation 15 

(235.)  Municipal    Street    Lighting    Fixtures    (Gas) 16 

(236.)  Gas  Engines  and  Appliances 16 

(237.)  Gas  Tools  and  Implements 16 

(23S.)  Gas  Laboratory  Equipment 16 

(239.)  Other   Tangible   Gas   Capital 17 

(G281.)  Engineering   and   Superintendence 17 

(G282.)  Law  Expenditures  During  Construction 17 

(G283.)  Injuries    During    Construction 17 

(G284.)  Taxes     During     Construction 17 

(G285.)  Interest    During    Construction 18 

(G286.)  Miscellaneous    Construction    Expenditures 18 

(O110.)  Land   in    Other    Departments 18 

(O102.)  Franchises  in  Other  Departments 19 

(O103.)  Patent-rights  in  Other  Departments 19 

(O104.)  Other   Intangible   Capital   in    Other   Departments 19 

(O120.)  Tangible  Capital  in  Other   Departments 19 

Floating  Capital: 

(G10.)  Materials   and   Supplies 19 

(1.)     Cash     20 

(2.)     Bills    Receivable     20 

(3.)     Accounts    Receivable    20 

(4.)     Interest  and  Dividends  Receivable 21 

(5.)     Other   Current    Assets 21 

Investments  : 

(300.)     Investments     21 


62 


Public  Service  Commission — First  District 


Special  Dbposits:  page 

(311.)     Coupon    Special    Deposits 21 

(312.)     Dividend    Special    Deposits 22 

(313.)     Other    Special    Deposits 22 

Prepayment  Accounts: 

(321.)     Prepaid   Taxes    22 

(322.)     Prepaid   Insurance    23 

(323.)     Prepaid  Rents   23 

(324.)     Other   Prepayments    23 

Suspense  Accounts: 

(331.)     Unamortized   Debt   Discount   and   Expense 23 

(332.)     Other    Suspense    24 

Treasury  Holdings: 

(340.)     Re-acquired  Securities   24 

Debt: 

(360.)     Funded     25 

Unfunded: 

(351.)     Taxes   Accrued    25 

(352.)     Receivers*    Certificates    26 

(353.)     Judgments    Unpaid     26 

(354.)     Interest    Accrued     26 

(355.)     Dividends    Declared    26 

(356.)     Bills    Payable    26 

(G357a.)  Consumers*    Deposit    (Gas) 27 

(G357b.)  Other    Accounts    Payable 27 

(358.)     Other    Unfunded    Debt 27 

Reserves : 

Permanent  : 

(371.)     Premiums    on    Stocks 27 

(372.)     Other   Permanent   Reserves 28 

Temporary: 

(373.)     Contractual    28 

Required: 

(374.)     Accrued    Amortization   of   Capital 28 

(375.)     Unamortized    Premium   on    Debt 28 

^376.)     Other    Required    Reserves 29 

Optional: 

(381.)     Casualties  and  Insurance   Reserve 29 

(382.)     Other   Optional   Reserves 29 

Stocks: 

«390.)     Stocks     30 

SCHEDULE  B— INCOME  ACCOUNT 
Operating  Revenues: 

(431.)     Municipal    Street    Lighting — Gas 33 

(432.)     Lighting    Municipal    Buildings — Gas 34 

(433.)     Municipal   Heat  and  Power — Gas 34 

(434.)     Miscellaneous    Gas    Revenue — Municipal 34 

(435.)     Prepaid    Gas    84 

(436.)     Commercial    Metered    Lighting — Gas 34 

(437.)     Commercial   Heat   and   Power — Gas 34 

(438.)     Other    Gas    Corporations 34 

(439.)     Commissions  on  Others'   Gas 35 

(440.)     Rent  of  Gas  Appliances 85 

(441.)     Gas   Merchandise  and   Jobbing  Revenue 35 


Uniform  Accounts — Gas  Corporations  63 

PAGE 

(442.)      Sale  of  Residuals  and  By-products 85 

<443.)      Joint  Gas  Rent  Revenue 86 

(444.)      Other  Miscellaneous  Gas  Revenue 86 

Revenue  from  Outside  Operations 36 

Gas   Operating   Expenses: 

Classes  of  Gas  Corporations 87 

Titles   of  Operating   Expense  Accounts   for  Large   and   Small   Com- 
panies   17 

Definitions  of  Operating  Expense  Accounts — 
/.     Production  Expenses: 

(601a.)   Works  Superintendence 89 

(601b.)  Boiler    House    Labor 89 

(601c.)   Retort    House    Labor 89 

(601d.)    Generator  House  Labor 40 

(601e.)   Purifier  House  Labor 40 

(601f.)    Miscellaneous  Labor  at  Works 40 

(602.)      Boiler   Fuel 40 

(603.)      Water 40 

(604a.)      Fuel  under  Retorts 40 

(604b.)    Coal  Carbonized   40 

(605.)      Coal  Gas  Enricher 41 

(606.)      Generator  Fuel    41 

(607.)      Water   Gas   Oil 41 

(608.)      Purification   Supplies    41 

(609.)      Miscellaneous  Works  Expense 41 

(610.)      Repairs  of  Works  and  Station  Structures 41 

(G508.)      Repairs  of  Furnaces,  Boilers,  and  Accessories 42 

(G509.)      Repairs  of  Steam  Engines 42 

(G511b.)   Repairs  of  Gas  Engines 42 

(G513.)      Repairs  of  Miscellaneous  Power  Plant  Equipment 42 

(611.)      Repairs  of  Benches  and  Retorts 48 

(G511a.)   Repairs  of  Water  Gas  Sets  and  Accessories 48 

(612.)      Repairs  of  Purification  Apparatus 43 

( 613. )      Repairs  of  Holders 48 

(614.)      Repairs  of  Miscellaneous  Equipment 48 

(615.)      Repairs  of  Works'   Tools 48 

(616.)      Gas  Storage 43 

(617.)      Gas  from  Other  Sources 43 

//.     Transmission   and   Distribution   Expenses: 

(631.)      Transmission  Pumping 44 

(632.)      Distribution  Superintendence    44 

(633.)      Distribution  Supplies  and  Expenses 44 

(634a.)    Gas  Meter  and  Installation  Work 44 

(634b.)   Work  on  Consumers'  Premises 44 

(635.)      Repairs  of  Gas  Mains 45 

(636.)      Repairs  of  Gas  Services 45 

(637.)      Repairs  of  Gas  Meters 45 

(638. )      Repairs  of  Distribution  Tools 45 

(639.)      Repairs  of  Gas  Appliances 48 

///.     Municipal   Street   Lighting   Expenses: 

(641.)      Street  Lamp  Operating 48 

(642.)      Street  Lamp  Repairs 46 

IV.  Commercial   Expenses: 

(G551.)      Commercial  Administration — Gas 48 

(G552.)      Promotion  Office  Expense — Gas 40 

(G554.)      Canvassing  and  Soliciting — Gas 47 

(G553.)      Advertising — Gas 47 

V.  General   and   Miscellaneous   Expenses: 

(G833.)      Salaries  and  Expenses  of  General  Officers 47 

(G834.)      Salaries  and  Expenses  of  General  Office  Clerks 47 

(G835.)      General  Office  Supplies  and  Expenses 47 


64  Public  Service  Commission — First  District 

page 

(G836. )      General   Law   Expenses 48 

(G837.)      Miscellaneous   General   Expenses 48 

(G838.)      Insurance 48 

(G839.)      Relief  Department  and  Pensions 49 

(G840.)      Gas  Franchise  Requirements 49 

(G842.)      General  Amortization — Gas 49 

(G845.)      Gas   Expenses   Transferred — Cr 50 

(G846.)      Joint  Operating  Expense — Cr 50 

(G847a.)    Accidents  and  Damages 50 

(G847b.)    Law  Expenses  Connected  with  Damages 51 

(G848.)      General   Stationery  and  Printing 51 

(G850.)      Store  Expenses 51 

(G851.)      Stable  Expenses    52 

(G852.)      Undistributed  Adjustments — Balance 52 

(G853.)     Duplicate  Gas  Charges — Cr 52 

Tins: 

(G860.)     Taxes 52 

Uncollectible  Bills: 

(G870. )      Uncollectible  Gas  Bills 5* 

Non-Opebatino  Revenues: 

(G901b.)   Rent  Accrued  from  Lease  of  Gas  Plant 53 

(G901d.)   Miscellaneous  Rent  Revenues 58 

(G902.)      Interest  Revenues 54 

(G903.)      Dividend  Revenues 54 

(G904.)      Profits  from  Operations  of  Others 54 

(G905.)      Miscellaneous  Non-Operating  Revenues 55 

Non-Operating  Revenue  Reductions: 
(910.)     Non-Operating  Revenue  Deductions: 

(a.)    Rent  Expense 55 

(b. )    Interest  Expense 55 

(c. )   Dividend  Expense    55 

(d. )    Others'  Operations  Expense 55 

(e.)    Miscellaneous  Non-Operating  Expense 55 

(f.)    Non-Operating  Taxes 56 

(g.)    Uncollectible    Non-Operating   Revenue 56 

Income  Deductions: 

(921.)      Interest  Deductions    56 

(922b.)   Rent  for  Lease  of  Other  Gas  Plant 57 

(922.)     Other  Rent  Deductions 57 

(923.)      Sinking  Fund  Accruals 57 

(924.)      Guaranties  of  Periodic  Payments 57 

(925.)      Loss  on  Operations  of  Others 58 

(926.)     Other  Contractual  Deductions  from  Income 58 

(927.)      Amortization  of  Landed  Capital 58 

(928.)      Amortization  of  Debt  Discount  and  Expense 58 

(929.)      Amortization  of  Premium  on  Debt — Cr 59 

Appropbiations  : 

(931a.)   Bad  Debts  Collected 59 

(931b.)   Other  Additions  to  Surplus 59 

(932.)      Expenses  Elsewhere  Unprovided  For 59 

(933.)      Dividends  on  Outstanding  Stocks 59 

(934.)      Amortization  Elsewhere  Unprovided  For 60 

(935.)      Appropriations  to  Reserves 60 

(936.)      Gifts  to  Controlled  Corporations 60 

(937.)      Other  Appropriations 60 

(938.)      Bad  Debts  Written  Off 60 

(939. )      Other  Deductions  from  Surplus 60 


: 


